Emaar Properties studies buyout of Emaar Development in potential multibillion-dollar deal
Dubai developer Emaar Properties is weighing a full takeover of its listed development arm as it considers a transaction that could reshape its ownership structure. The company already owns just over 79% of Emaar Development, and the remaining stake would imply a deal value of as much as $3 billion at current market prices.
Highlights
- Emaar Properties is considering acquiring the remaining shares of Emaar Development, valued at over $14 billion, for up to $3 billion.
- A potential acquisition announcement could come within days, though discussions remain confidential and no final decision has been made.
- The full buyout would simplify Emaar's corporate structure and consolidate control over its major listed real estate business in Dubai.
Potential transaction could emerge within days
As reported by Bloomberg, Emaar Properties is studying plans to acquire the shares in Emaar Development that it does not already own, according to people familiar with the matter.The company could unveil a transaction in the next few days, some of the people said, while adding that the discussions remain confidential. Based on current share prices, Emaar Development is valued at more than $14 billion, leaving the cost of buying the outstanding stake at as much as $3 billion.
Implications for Dubai real estate market
A deal of that size would mark a significant move in Dubai's real estate sector, where Emaar remains one of the most prominent developers. Bringing Emaar Development fully in-house would simplify the group's structure and concentrate control over one of its key listed businesses.No final decision has been announced, and the timing and terms of any offer could still change. The potential buyout nonetheless points to continued strategic activity among major Gulf property companies as they assess capital structures and listed assets.
Our earlier article on Equites Property Fund’s UK exit and interim results explained how the REIT lifted its interim distribution after accelerating disposals in the UK and redirecting capital to South Africa. We noted that proceeds from the Aviva portfolio sale helped reduce leverage and strengthen liquidity, supporting guidance and funding capacity for domestic logistics growth.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
