Friday 29 March 2024
 
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Dubai Investment Park

Emirates REIT to acquire European Business Centre for $35.4m

Emirates REIT (CEIC), the world’s largest Shari’a-compliant real estate investment trust has signed a deal to acquire the European Business Centre (EBC) in Dubai Investments Park (DIP), for Dh130 million ($35.4 million).

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DIP attracted 100 new companies in 2016

Dubai Investments Park (DIP), the largest integrated commercial, industrial and residential community in the Middle East and a wholly-owned subsidiary of Dubai Investments, attracted more than 100 new companies in 2016. The new co

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Dubai Investments Park in deal to design drainage

Dubai Investments Park (DIP) has signed an agreement with MWH, a global leader in wet infrastructure, to design a new stormwater and groundwater drainage network within the development. The scope of the agreement covers the design

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Dubai Investments Park in deal to design drainage

Dubai Investments Park (DIP) has signed an agreement with MWH, a global leader in wet infrastructure, to design a new stormwater and groundwater drainage network within the development. The scope of the agreement covers the design

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Rasmala acquires 72 warehouses in DIP for $81m

Rasmala, an independent investment management group, today announced that it has completed the acquisition of 72 warehouses in Dubai covering nearly 600,000 sq ft (BUA) for approximately Dh300 million ($81.65 million) in partnership with Ajman B

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Rasmala acquires 72 warehouses in DIP for $81m

Rasmala, an independent investment management group, today announced that it has completed the acquisition of 72 warehouses in Dubai covering nearly 600,000 sq ft (BUA) for approximately Dh300 million ($81.65 million) in partnership with Ajman B

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Dubai Investments Park attracts 100 new firms

Dubai Investments Park (DIP), the largest integrated commercial, industrial and residential community in the Middle East, has announced that 100 new companies have either leased or sub-leased premises within the development in the last one year.

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Dubai Investments Park may issue sukuk

Dubai Investments Park Development has appointed Al Hilal Bank, Citigroup, Dubai Islamic Bank and Emirates NBD to arrange a series of fixed-income investors meetings. A Reg S senior unsecured US dollar-denominated sukuk transactio

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Metito unveils $12.25m expansion plan

UAE-based Metito, the leading provider of water management solutions, has unveiled a Dh45 million ($12.25 million) expansion on its build-operate-transfer (BOT) wastewater treatment project at Dubai Investment Park. The recently completed

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Hertz UAE unveils $16.3m Dubai Marina plan

Hertz UAE has launched the second phase of its Dh60 million ($16.3 million) expansion programme with the opening of its new branch in the Dubai Marina area. Hertz Radisson SAS Dubai Marina has opened its doors for business less than three

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