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3 Min Read DUBAI (Reuters) - Dubai state developer Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters, as real estate companies in the United Arab Emirates sell assets amid the coronavirus downturn. FILE PHOTO: The logo of Nakheel is seen on at the entrance of its office in Dubai, United Arab Emirates July 27, 2017. REUTERS/Alexander Cornwell Nakheel, the developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said two of the sources who declined to be named as the...

Nakheel eyes district cooling assets sale Reuters/Dubai Filed on March 15, 2021 Nakheel’s district cooling assets include 20 units around Dubai with a total capacity of 100,000 to 120,000 tonnes of refrigeration. — File photo The developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters, as real estate companies in the UAE sell assets amid the coronavirus downturn. Nakheel, the developer of the emirate’s...

3 Min Read DUBAI, March 15 (Reuters) - Dubai state developer Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters, as real estate companies in the United Arab Emirates offload non-core activities amid the coronavirus downturn. Nakheel, the developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said two of the sources who declined to be named as the matter was not public. Nakheel declined to comment and Synergy did not respond to a request for comment. District cooli...

DUBAI: Dubai state developer Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters. Nakheel, the developer of the emirate’s palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said two of the sources who declined to be named as the matter was not public. Nakheel declined to comment and Synergy did not respond to a request for comment. Dubai-listed National Central Cooling Co. (Tabreed) and Emirates Central Cooling Systems Corp. (Empower) have expressed interest in Nakheel’s deal, the sour...

DUBAI — Dubai state developer Nakheel is considering the sale of its district cooling assets, three sources familiar with the matter told Reuters, as real…