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Al Ahmadain General Contracting Co. LLC

Al Ahmadain General Contracting Co. LLC latest

Al Bawaba
February 23rd, 2005 - 06:26 GMT

Emirates Real Estate Fund signs new deal

The National Investor has announced its Emirates Real Estate Fund has acquired the future cash flows of 27 Abu Dhabi residential properties developed by Al Ahmadain General Contracting Co. LLC (AAGCC). The Shari’a-compliant transaction, which is worth AED 19 million, represents the Fund’s second major investment in the burgeoning Abu Dhabi real estate market. The Fund was the first of its kind to be approved by the UAE Central Bank ...
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