Arzan Investment Management Enters Binding Sale And Purchase Agreement For Fairmont Palm Dubai
An investment vehicle of Arzan Investment Management (AIM), a subsidiary of Arzan Financial Group (AFG) [BK: ARZAN], has entered into a binding Sale and Purchase Agreement (SPA), for Fairmont The Palm, Dubai, from IFA Hotels and Resorts [BK: IFA HR], for $325M. The transaction is subject to customary conditions with closing expected in the coming […]
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