Reported 2 days ago
Dubai's ruler-owned investment conglomerate, Dubai Holding, is planning to separately list its commercial and residential real estate assets in 2025 to capitalize on the city's booming property market. With ongoing discussions about structuring the listings, the residential real estate investment trust is anticipated to debut on the emirate's bourse early next year, followed by a commercial entity. This move comes as home values have risen for 17 consecutive quarters, spurred by an influx of affluent individuals and favorable business conditions.
Source: YAHOO