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NBD, UP $272m loan facility
- United Arab Emirates: Monday, March 12 - 2007 at 09:20
The National Bank of Dubai and Union Properties have signed a $272m loan facility to partly fund the development of Index and Limestone House at the Dubai International Financial Centre. The eight storey Index comprises residential and commercial units for sale. The 14 storey Limestone House is a residential development offering high-end apartment units, while the overall development will also include a Ritz-Carlton hotel.
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Jonathan Sheikh-Miller, Deputy EditorMonday, March 12 - 2007 at 09:20 UAE local time (GMT+4)
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This article was updated on Sat Apr 07 2007.
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