Emirates NBD executes USD 250M loan for Dar Global
Analysis based on 8 articles · First reported Apr 16, 2026 · Last updated Apr 16, 2026
The successful execution of this syndicated loan facility is positive for the real estate and banking sectors. It provides Dar Al Arkan Real Estate Development Company===Dar Global with significant capital for expansion, potentially boosting the luxury real estate market, and reinforces Emirates NBD's position in syndicated finance.
Emirates NBD, a leading banking group, successfully executed a USD 250 million syndicated term loan facility, 'Project Radium II', for Dar Al Arkan Real Estate Development Company===Dar Global plc, a London-listed luxury international real estate developer. This financing, with Emirates NBD Capital acting as the Joint Mandated Lead Arranger, Bookrunner, and Sole Documentation Agent, will support Dar Al Arkan Real Estate Development Company===Dar Global's global expansion plans. It will enable Dar Al Arkan Real Estate Development Company===Dar Global to accelerate existing projects and pursue new property developments across key markets. The deal highlights Emirates NBD's capabilities in syndicated finance and its commitment to supporting the luxury real estate sector. Dar Al Arkan Real Estate Development Company===Dar Global, majority owned by Dar Al Arkan Real Estate Development Company, will use this facility to enhance liquidity and maintain a disciplined approach to new opportunities as it scales across international markets.
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