UAE: ICD & Brookfield to launch $1bn DIFC project
The Investment Corporation of Dubai (ICD) and Brookfield Asset Management plan to build a $1bn development which is scheduled for completion in 2018
Dubai's sovereign wealth fund, the Investment Corporation of Dubai (ICD), and Brookfield Asset Management are set to launch their first project in Dubai.
The two organisations plan to build a $1bn development, scheduled for completion in 2018, within the Dubai International Financial Centre free zone.
The projecty will be the first construction development in the area since the property crash in 2008, according to Arabian Business.