The price is four times the accounting cost that is €27 million or €531 per sq.m.

The first three projects, which have a Gross Development Value of over £430 million.

The new facility will be built in the Bismayah area of ​​Baghdad, Iraq and construction will take twelve (12) months and is expected to begin immediately.

BlackRock expects to capitalise a boom in demand from investors for alternative assets.

It increased stake in the framework of the June 27, 2024 agreement.

The disposal price represents a premium to the plot's book value.

Dimand undertakes the development of flagship properties owned by the bank.