FINANCIAL NEWS

Dubai’s Palma Holding launches USD400m housing project

05 May 2015

(MENAFN) Palma Holding, Dubai-based premier group of real estate companies, launched a USD400 million residential project on Dubai’s Palm Jumeirah, Arabian Business reported.

The project is dubbed Serenia Residences and is presently undertaken by Palma Development, a subordinate of Palma Holding and real estate firm Banian FZCO.

‘Serenia Residences epitomise the ultimate in luxury living for… with the deliberate plan not to include commercial aspects as a part of the development, ensuring maximum privacy,’ the chief executive of Palma Holding said.

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