India's CARS24 Sealed One of Dubai's Biggest Commercial Property Deals
The India pre-owned car buying and selling platform, CARS24, has leased a 1 million square feet facility in Jebel Ali for a contract value of Dh40 million plus. The consultancy Knight Frank helped in the transaction. CARS24, which is currently valued at $2 billion plus, entered the UAE market earlier this year, with the promise of taking the auto buying and selling process completely online. The company does carry an inventory of used cars, and this is where the new Jebel Ali facility has its uses.
Tags : INTERNATIONAL Knight Frank Dubai Lease Transaction CARS24 Used Cars Jebel Ali