Nakheel eyes district cooling assets sale
Reuters/Dubai Filed on March 15, 2021
Nakheel’s district cooling assets include 20 units around Dubai with a total capacity of 100,000 to 120,000 tonnes of refrigeration. File photo
The developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process
Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters, as real estate companies in the UAE sell assets amid the coronavirus downturn.
Nakheel, the developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said two of the sources who declined to be named as the matter was not public.
(MENAFN - Emirates News Agency (WAM)) DUBAI, 17th February, 2021 (WAM) Nakheel Malls, the retail arm of master developer Nakheel, has launched Souk Al Marfa in partnership with DP World, the leading smart trade enabler and provider of global end-to-end supply chain logistics.
Strategically located at Deira Islands and stretching 1.9 kilometres (km) along the waterfront, Souk Al Marfa is near Mina Rashid, Mina Al Hamriya and Deira Wharfage, with the potential to ship and import directly to its 2,500 shops and pavilions. Due to open in April 2021, the vibrant retail and trading hub will operate seven days a week and 365 days a year. Citizens, residents and tourists are welcome to visit and enjoy a diverse, large-scale shopping destination.
(MENAFN - Khaleej Times) A new, waterfront shopping destination is all set to open in Dubai s Deira Islands . Nakheel Malls will open Souk Al Marfa in April 2021 in partnership with DP World.
Stretching 1.9km along the waterfront, Souk Al Marfa is in close proximity with Mina Rashid, Mina Al Hamriya and Deira Wharfage. It can ship and import directly to its 2,500 shops and pavilions.
The retail and trading hub will operate seven days a week and 365 days a year. UAE citizens, residents and tourists are welcome to visit and enjoy a diverse, large-scale shopping destination , the Government of Dubai Media Office said in a Press note.
As Dubai prepares to welcome in the New Year, a raft of measures has been set up to manage a potential surge in traffic on the emirate's iconic Palm Jumeirah. ".