Construction, U.A.E., AED 368 Million

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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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