Union Properties strikes Dh946m debt restructuring agreement with Emirates NBD
- Date: 11-Aug-2020
- Source: The National
- Sector:Real Estate
- Country:UAE
Union Properties strikes Dh946m debt restructuring agreement with Emirates NBD
Dubai-based developer Union Properties on Monday reached an agreement with Emirates NBD that restructured an outstanding Dh946 million debt with the bank.
The deal with Dubai's biggest lender, which includes payment of an initial