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
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