UPP Capital Investment Acquires 5.55% Stake in Egypt’s Palm Hills Development

UAE-based UPP Capital Investment, the investment arm of Union Properties, has acquired 5.55% stake of the total shares of Egypt’s Palm Hills Development (PHD), at a total cost of EGP 525.3 mn, averagely EGP 4.1 pe ...

Union Properties 3Q 2016 Net Profit Drops 71% y-o-y

Union Properties (UPP), a Dubai-based real estate developer, announced profits of AED 32.3 mn for the third quarter of 2016, marking a drop by 71% compared to the same period last year, according to a statement (pdf) ...

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