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Union Properties posts $12m net loss in Q3

November 14, 2017

Union Properties a leading developer in the UAE has reported a net loss of Dh45 million ( 12.2 million) for the third quarter compared with a net profit of Dh32 million ( 8.7 million) in the same peri... View more

Union Properties unveils new investment unit

October 30, 2017

Leading UAE developer Union Properties has announced the launch of its investment arm UPP Capital Investment as the real estate group continues to roll out its diversification strategy. The new entity... View more

Union Properties opens mall, hotel management units

September 14, 2017

Dubai-based Union Properties has announced plans to diversify its operations and revenue sources by opening two new fully-owned subsidiary companies: Union Malls and Al Etihad Hotel Management. The Un... View more

Union Properties takes $626m provisions

August 15, 2017

Union Properties (UP) one of the leading property investment developers in the UAE has taken provisions of Dh2.8 billion resulting in a second quarter net loss of Dh2.3 billion ( 626.19 million). Foll... View more

Union Properties names new CEO

July 26, 2017

Union Properties one of the leading property investment developers in the UAE has appointed Ahmed Yousef Abdulla Hussain Khouri as its new chief executive officer. A key player in the region Union Pro... View more

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