{"id":49267,"date":"2017-03-23T14:35:00","date_gmt":"2017-03-23T07:35:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/drake-scull-exits-one-palm-joint-venture\/"},"modified":"2017-03-23T15:59:37","modified_gmt":"2017-03-23T08:59:37","slug":"drake-scull-exits-one-palm-joint-venture","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/drake-scull-exits-one-palm-joint-venture\/","title":{"rendered":"Drake & Scull exits One Palm joint venture"},"content":{"rendered":"


\nThe property, located on the left trunk of Palm Jumeirah, was launched in 2014
\n
\nSource : arabianbusiness.com
\nRead more…Drake & Scull exits One Palm joint venture<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The property, located on the left trunk of Palm Jumeirah, was launched in 2014 ...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-49267","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cOD","jetpack-related-posts":[{"id":50237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/drake-scull-breaches-terms-of-bank-loans\/","url_meta":{"origin":49267,"position":0},"title":"Drake & Scull breaches terms of bank loans","date":"March 30, 2017","format":false,"excerpt":"\r The contractor Drake & Scull International has breached covenant terms of its sukuk and other loans, according to the company's newly filed audited accounts. The company had a conditional waiver in place with its lenders, but according to the accounts statement filed on the Dubai Financial Market it was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/drake-scull-looks-to-finalise-dh600m-capital-raise-this-month-says-chief-executive\/","url_meta":{"origin":49267,"position":1},"title":"Drake & Scull looks to finalise Dh600m capital raise this month, says chief executive","date":"April 7, 2017","format":false,"excerpt":"\r Dubai-based contractor Drake & Scull International aims to fin\u00adalise by the end of this month a capital-raising exercise that will result in Dh600 million invested into the business.Wael Allan, the company's chief executive, told The National that alongside a binding offer from Tabarak Investment to inject Dh500m into the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/drake-scull-looks-to-finalise-dh600m-capital-restructuring-this-month\/","url_meta":{"origin":49267,"position":2},"title":"Drake & Scull looks to finalise Dh600m capital restructuring this month","date":"April 7, 2017","format":false,"excerpt":"\r Dubai-based contractor Drake & Scull International aims to fin\u00adalise by the end of this month a capital-raising exercise that will result in Dh600 million invested into the business.Wael Allan, the company's chief executive, told The National that alongside a binding offer from Tabarak Investments to inject Dh500m into the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-project-with-citys-most-expensive-apartment-appoints-contractor\/","url_meta":{"origin":49267,"position":3},"title":"Dubai project with city's most expensive apartment appoints contractor","date":"March 22, 2016","format":false,"excerpt":"\r \r The developer Omniyat has appointed the contractor Brookfield Multiplex to build its Dh2 billion One at Palm Jumeirah project.The company said that the 107,795 square metre building, consisting of a ground floor and 23 storeys at the first plot on the Palm Jumeirah's trunk, is expected to take\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overdue-saudi-project-payment-coming-within-months-says-drake-scull-ceo\/","url_meta":{"origin":49267,"position":4},"title":"Overdue Saudi project payment coming within months says Drake & Scull CEO","date":"April 6, 2017","format":false,"excerpt":"\r Drake & Scull International expects to resolve its ongoing dispute with Saudi Aramco over payment for its work on the King Abdullah Petroleum Studies and Research Centre (Kapsarc) over the next 12 months, its chief executive Wael Allan has said.The company completed work on the Zaha Hadid-designed centre in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dsi-sells-share-in-one-palm-to-omniyat\/","url_meta":{"origin":49267,"position":5},"title":"DSI sells share in One Palm to Omniyat","date":"March 24, 2017","format":false,"excerpt":"\r Drake & Scull International (DSI), the Dubai-based contractor, yesterday said it sold its ownership share in the One Palm residential real estate development in Dubai to luxury developer Omniyat Properties for Dh300 million. The struggling construction company said in a statement it would continue to sell non-core assets and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49267"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=49267"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49267\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}