Sunday 19 January 2014

Dubai Investments, Union Properties to develop plots around Dubai Expo 2020 site | The National

Dubai Investments, Union Properties to develop plots around Dubai Expo 2020 site | The National:

"Khaled bin Kalban, the Dubai Investments chief executive, says the company will be tying up with Union Properties to develop pockets of land around Dubai’s Expo site.

Other pieces of land that the investment company owns bordering the Expo site will be developed under the DI banner.

“We will be an announcing some major projects in two to three months with regard to our sites around the Expo site,” said Mr bin Kalban yesterday. “Some we will tie up with Union Properties and others we will develop on our own as Dubai Investments.”

DI invests in joint ventures and local companies with about 40 subsidiaries. It has interests in property developers and building materials along with other businesses."

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