Page 18 - UNION PROPERTIES PR REPORT - January 2025
P. 18
Dubai's Union Properties gets boost
after Dh1b plus in plot sales
2d • 1 min read
UPP▼-1.83%
Dubai: In a big boost for its cash position, Union Properties raised over Dh1.3
billion from the sale of plots since announcing a 5-year turnaround strategy in
April 2023.
The funds thus brought in represent a 'significant milestone in the company’s
growth journey'.
"This impressive sales figure underscores the Company’s success in achieving
its declared plans," said a statement. "By leveraging market trends and
optimising portfolio performance, Union Properties continues to hit its
milestones in accordance with its 5-year strategic plans to create value for its
shareholders."
"We remain committed to sustainability and long-term value creation."
https://www.msn.com/en-gb/money/other/dubai-s-union-properties-gets-boost-after-dh1b-
plus-in-plot-sales/ar-AA1xYrnR