Emirates REIT completes sale of Office Park building
The sale was for 720 million UAE dirhams, and the proceeds will be used to reduce bank facilities.
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In short: Emirates REIT reported record property income of $74 million for 2023, announced an interim dividend, and agreed to sell its Office Park building.
The sale was for 720 million UAE dirhams, and the proceeds will be used to reduce bank facilities.
The sale price is AED 720 million, pending shareholder approval at an EGM in October 2024.
Dubai, United Arab Emirates: Equitativa (Dubai) Limited has announced Emirates REIT’s intention to distribute an interim dividend of USD 7.5 million or USD 0.023499 per...
08 April 2014 Emirates REIT (CEIC) Limited Emirates REIT), the first Shari'a-compliant regulated real estate investment trust incorporated in the Dubai International Financial Centre (DIFC...
See the latest Emirates REIT (CEIC) PLC stock price (REIT:DIFX), related news, valuation, dividends and more to help you make your investing decisions.
Dubai-based Shariah-compliant real estate investment trust Emirates REIT reported its highest-ever property income and strong growth in assets for the 2023 fiscal year, according to...
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