Client
The client is a developer of real estate projects in the UAE
Scenario
The client needs funding against real estate assets, to refinance current debt and develop a residential tower in the UAE
Solution
Wealthbullet arranged asset-based funding of AED 368 million in the form of debt funding against real estate assets worth AED 545 million at a 65% LTV.
AED
368 Million
Country
U.A.E.
Sector
Real Estate
Sub-sector
Construction
Deal Type
Asset based funding
Structure
Debt
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