Dubai United Arab Emirates
Bloomberg reported that Dubai Investments Company in the UAE plans to hold meetings with investors during this week to measure the level of demand in a move that paves the way for the launch of a potential share of 24% of its subsidiary to develop the Dubai Investment Park.
Dubai Investment Park is one of the largest mixed-use projects in the emirate, spanning an area of 23 million square meters and has been home to warehouses, commercial facilities, hotels, schools and medical centers since its inception in 1997.
Citigroup, Emirates NBD Capital and HSBC are working on the deal, according to previous reports, while the company has not yet announced final details on the size of the offer or the date of its implementation.
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