Dubai's TECOM Group approves AED 1.7bn ($463m) Strategic Acquisition and Development Plan, including $262m to acquire assets and $189m for office development.
Dubai's TECOM Group, a contributor to the city's knowledge and innovation economy, approves AED 1.7bn ($463m) Strategic Acquisition and Development Plan. This includes $262m to acquire commercial and industrial assets from Dubai Holding Asset Management and $189m to develop Grade A offices in Dubai Design District. The plan aims to strengthen TECOM's portfolio and drive growth in key sectors.
May 15, 2024
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