Thursday 04, September 2014 by Sachin Mohindra

Emaar Malls Listing Could Be First Of Other Emaar IPOs

Earlier this week Dubai real-estate conglomerate Emaar Properties announced it will be launching the initial public offering of its profitable malls business in September. This move is positive for existing Emaar investors as a spinning off and separate listing will most likely raise the value of the Emaar Malls Group and if it is a success it could be the start of other Emaar operations also listing separately to maximize their valuations.

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