Dubai Pearl FZ LLC, which earlier this year revived its $4 billion Pearl project, is looking to sell $6 billion of its hospitality assets to raise financing for the mixed-use project, it chairman said on Wednesday.
'We do not want to sell as desperate asset sales but only to strategic buyers,' Abdul Majeed al-Fahim told reporters on the sidelines of an industry event in Dubai.
The company's project includes hotels from brands such as Bellagio, MGM Grand and Skylofts."
No comments:
Post a Comment