Abu Dhabi’s real estate developer Eshraq Properties is to divest its entire stake in UK real estate company Ward Holdings, Invest-Gate reports.

Eshraq entered into an agreement to sell its 4.55% equity in Ward for AED 68 mn.

Ward operates under the laws of Dubai International Financial Centre (DIFC), owning a hotel in the centre. Eshraq did not mention further details in the bourse statement published on June.