Union Properties

Activity by year

2017201820192020202120222023202420252026

Acquisition

Jan 21, 2018ACQUISITIONDubai, United Arab Emirates$136.0M
Dubai Investments acquires remaining 50% stake in Emicool for AED 500 million
Dubai Investments acquired an additional 50% stake in Emirates District Cooling (Emicool) from Union Properties for AED 500 million, giving it full ownership of the district cooling company.
Dubai Investments acquirer Union Properties partner Emirates District Cooling target #HVAC and Industrial Refrigeration thenationalnews.com
Jul 4, 2017ACQUISITIONUnited Arab Emirates
Dubai Investments in talks to buy Union Properties' stake in Emicool
Dubai Investments is in initial talks to acquire Union Properties' 50% stake in Emirates District Cooling LLC (Emicool), a district cooling service provider. The value of the stake was not disclosed.
Dubai Investments acquirer Union Properties partner Emirates District Cooling target #HVAC and Industrial Refrigeration reuters.com

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