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Union Properties is launching two new fully-owned subsidiary companies with projects in Dubai Motorcity.

Union Malls will provide retail and leisure options in various developments. The Central, its inaugural mall, will consist of a 10ha complex offering retail, dining, and a wide range of leisure options.

Meanwhile, Al Etihad Hotel Management will provide hospitality services and facilities management for approximately 3,000 serviced apartments and 3,500 hotel rooms in the area before expanding throughout Dubai.

Nasser Butti Omair bin Yousef, chairman, Union Properties, revealed, “We have identified the creation of divisions in the mall and hotel sectors as being key drivers for the next stage of Union Properties’ success that will serve to diversify our revenues while enhancing our communities.”