Emaar Buys Stake in South Africa Project Consultancy Firm

February 11, 2016


Emaar acquired stake in Mirage Leisure & Development, MEED reports, citing an unidentified Emaar spokesperson.

* Details about size, value not disclosed;
* Says Mirage Leisure delivered ~$6.43b worth of projects across Africa, Indian Ocean and Middle East;
* Says co. has worked on major projects in U.A.E., including Bluewater and Dubai-I project for Meraas Holding; Deira Dubai Creek Waterfront project for Nakheel; Madinat Jumeirah project for Jumeirah Group. Source: Bloomberg