Emaar has hired property consultant CBRE India to sell the hotel and land assets. Photo: BloombergMumbai: Dubai’s Emaar Properties PJSC, which built the emirate’s iconic Burj Khalifa tower, is planning to sell several non-core assets in India including land and a hotel, said three people aware of the development. Emaar has hired property consultant CBRE India to sell the hotel and land assets, the people cited above said on condition of anonymity. “Emaar is exiting from some of their non-core assets as it plans to go on its own now. A 2 April Press Trust of India report said Emaar Properties has appointed its existing chief strategy officer Hadi Badri as managing director of its India business.

Source: Mint May 09, 2018 05:26 UTC