Sorouh to test MidEast property demand
Abu Dhabi’s Sorouh Real Estate will interrupt the Middle East loan market’s traditionally quiet Ramadan period when it launches a Dh2.35bn ($640m) facility within the next week. The deal has been pre-funded at Dh1.5bn by bookrunners Abu Dhabi Commercial Bank, First Gulf Bank, National Bank of Abu Dhabi and Noor Islamic Bank.
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