Amlak, Green Community ink finance deal

Dubai-Mubasher: Dubai-listed Amlak Finance signed a financing agreement with Green Community, a development by Properties Investment, according to a statement.

Under the deal, Amlak will offer property financing of up to 50% of the property value and tenure of 25 years for customers in the Green Community West Phase 3 project within Dubai Investments Park.

The project comprises 210 townhouses as well as 16 duplex apartments, the statement highlighted. 

The main index rose 0.7% to AED 1.37 by 11:50am UAE time, with a turnover of AED 1.56 million generated from the exchange of 1.14 million shares through 28 transactions.

Mubasher Contribution Time: 08-Sep-2016 09:01 (GMT)
Mubasher Last Update Time: 08-Sep-2016 10:04 (GMT)