Dubai – Mubasher: Union Properties on Monday revealed the establishment of a new investment arm, UPP Capital Investment.
This step is a part of the real estate group’s diversification strategy, the firm said in a statement to the Dubai Financial Market (DFM).
The new firm will specialise in direct and indirect real estate investment and will bolster the group’s long-term diversification strategy.
UPP Capital Investment is the third subsidiary launched by Union Properties over the past few months, following Union Malls and Al Etihad Hotel Management.
