70 Million Dirhams The Value Of Payments Made By Union Properties PJSC Towards Debt Restructuring Plan
2021-10-24
Union Properties PJSC, the iconic real estate developer with a portfolio of diversified subsidiaries, has announced the successful completion of a 70 million Dirham payment towards its largest lender. This payment comes in application of a comprehensive debt restructuring plan, announced last August, aiming to improve the Group’s cash-flow and restore its standing with the banking sector.
