Dubai Real Estate Recovery pushes marketing companies to the initial proposals
Two digital platforms specializing in real estate, based in Dubai, want to attract equity investors in the coming weeks, in light of the increasing number of businesses trying to take advantage of the wealth of the real estate market in the emirate. People who are familiar with the Dubizzle, who manage classified ads, are popular with expatriates, prepare them to hold meetings with investors in preparation for a possible initial offer on the stock exchange. Meanwhile, the real estate portion also made the pulse rate of equity investors through an informal promotional tour, according to some people who asked not to reveal their identity due to the privacy of information. Dubaiz proposal details, Al -Arafam explained that “Dubaiz” has been planning the presentation process since 2023 and has previously made similar rounds to communicate with investors. The details of the offer are still like its size and timing in the discussion, but some of the informed reports that the company can collect at least $ 500 million through the listing. The representatives of the “vapor” kept them from commenting. The company works with the Emirates NBD, Goldman Sachs, HSBC Holdings and Morgan Stanley, according to the informed, while banking representatives refused to comment. “Bruce Fener” paves the subscription, and people who are familiar with the investor meetings held by “Bruce Fener” are also aimed at preparing for a preliminary publication in the future. CEO of the company, Michael Lahni, explained that “Bruce Fener” is actively communicating with equity investors to improve relations and discuss opportunities to expand the basis of potential shareholders. The company, which has been based in the UAE over the past year, has acquired a $ 90 million financing facilities from the ‘Francisco Partners’ and used it for re -purchasing the daring capital business “Becco Capital” in the Middle East. At that time, the value of the company was estimated at about one billion dollars. JP Morgan took over the role of the financial advisor in the agreement. The strength of the Dubai real estate market comes these efforts to communicate with investors in light of the continued strength of the Dubai real estate market; As real estate prices have risen by more than 70% over the past four years. The Dubai Holding Company, the investment arm of the ruler of the emirate, studies the introduction of two separate real estate portfolios in the market, in an effort to take advantage of this boom. However, you may experience any turbulent global environmental agreement and low oil prices. While the wealthy buyers continued to turn to luxury real estate in Dubai before US President Donald Trump announced the customs duties, the city’s prices in the city always followed the road of oil prices. You may also be interested in: Dubai Real Estate against the threat of Trump fees. Does the boom continue? However, a number of bankers in the Middle East capital market pointed out that the plans of the proposals in the region were not affected, while several Saudi businesses were preparing to launch new proposals. Despite the disorder, Dubai real estate developers also tend to attract fixed income instruments.