Union Properties’ unit initiates arbitration procedures to claim AED 1.5bn

Union Properties’ unit initiates arbitration procedures to claim AED 1.5bn

Dubai - Mubasher: Union Properties announced that one of its wholly-owned subsidiary companies undertook legal procedures to claim about AED 1.5 billion.. It is noteworthy to mention that Union Properties incurred a net loss of AED 218.806 million in 2019, against a net profit of AED 62.329 million in 2018..