Golf Gardens Abu Dhabi Part of Asset Backed Securities Sale

Abu Dhabi's Sorouh to raise over US$1 billion in securitisation
Business Intelligence Middle East (press release) - United Arab Emirates
... UAE. Sorouh Real Estate, one of Abu Dhabi's leading property developers said on Monday it planned to raise AED4 billion (US$1.08 billion) by selling asset-backed securities that comply with Islamic law to finance infrastructure projects ...than AED45 billion (US$12.3 billion) under development, including Shams Abu Dhabi, the Gate District, Saraya, Lulu Island, Al Ghadeer and Golf Gardens. ...