Burgan Bank seals $94m deal with Cityland Group

Mubasher: Burgan Bank has reached an agreement with Cityland Group Real Estate Development to finance Cityland’s project in Dubai for a total value of $94.2 million.

This project will be funded by a consortium of banks to build a family-environment place, according to a recent statement.

Burgan Bank considers Cityland Mall an attractive investment, of which 30% of the available commercial spaces has been reserved by international and leading trademarks, Burgan Bank’s group chief banking officer Raed Al Haqhaq said. 

 

Mubasher Contribution Time: 23-Jul-2017 10:11 (GMT)
Mubasher Last Update Time: 23-Jul-2017 10:38 (GMT)