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Abu Dhabi's Lunate and Brookfield Launch $1 Billion Property Joint Venture
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Abu Dhabi’s Lunate and Brookfield Launch $1 Billion Property Joint Venture

Abu Dhabi-based alternative investment manager Lunate is collaborating with Brookfield Asset Management, a firm listed on the New York Stock Exchange, to establish a joint venture worth $1 billion. This new partnership aims to develop build-to-sell residential properties throughout the Middle East. The joint venture signifies a strategic move in the real estate sector, emphasizing...

Dubai Land Department Launches New Real Estate Alliance to Boost Investment Strategy
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Dubai Land Department Launches New Real Estate Alliance to Boost Investment Strategy

The Dubai Land Department has launched a new real estate alliance aimed at supporting the “Dubai Real Estate Promotion Strategy”. This initiative comes following the signing of a cooperation memorandum with four prominent real estate developers in the emirate: Danube Properties, Emtiyaz Real Estate Development, MAG Property Development, and Fakhreldin Properties. This alliance is part...