New corporate entity will consolidate real estate investment activity

Published April 11th, 2006 - 07:06 GMT
Al Bawaba
Al Bawaba

A new corporate entity is set to be established that will consolidate the real estate investment activity of Dubai Holding, a leading development group in the Gulf region.

 

Termed 'Sama Dubai,' the new entity will leverage synergies across international real estate activities, creating a portfolio of world-class interlinked real estate businesses, according to Khaleej Times.

 

As the first element of the company's portfolio, Sama Dubai will assume control of Dubai International Properties (DIP).