Wednesday 05, July 2017 by Jessica Combes

Cityland Group secures term loan of $142.74 million for Cityland Mall

Cityland Group has announced a financing milestone for the $330 million flagship retail project–Cityland Mall–from a consortium of banks led by Emirates NBD and Burgan Bank from Kuwait.

 

The loan, which totals $142.74 million in value, will be utilised for covering the ongoing project cost in terms of construction for Cityland Mall which will be the only major destination mall opening in 2018 in Dubai.