Updated
Updated · Bloomberg · May 7
Brookfield and Alshaya launch Dubai mixed-use real estate venture
Updated
Updated · Bloomberg · May 7

Brookfield and Alshaya launch Dubai mixed-use real estate venture

11 articles · Updated · Bloomberg · May 7
  • The project spans 480,000 square feet in Dubai Hills, with Brookfield Properties acting as development and real estate manager.
  • The joint venture marks Brookfield's first major regional investment since the Iran war began and targets Dubai's upscale property market.
  • Its launch signals continued confidence in Dubai real estate even as the regional conflict enters its third month.
Amidst missile attacks on the UAE, is Brookfield's new Dubai project a bold investment or a reckless gamble?
While billions are invested in Dubai's future, can the city save the jobs of residents threatened by the conflict today?
What does this mega-deal reveal about the hidden strategies of Gulf sovereign wealth funds during a regional war?