September 19, 2017 / 12:53 PM / 5 months ago

BRIEF-Dubai's Nakheel assesses construction proposals for AED 670 mln beachfront resort

Sept 19 (Reuters) - NAKHEEL (IPO-NAKH.DU):

    * SAYS ASSESSING 10 PROPOSALS FOR CONSTRUCTION OF ITS NEW, 800-ROOM RIU BEACHFRONT RESORT AT DEIRA ISLANDS, WITH LOWEST BID AT 363 MILLION DIRHAMS

    * SAYS BEACHFRONT RESORT IS SET FOR DELIVERY IN 2020, WITH A CONSTRUCTION CONTRACT AWARDED BY END OF 2017 Source: (bit.ly/2wuhEVT) Further company coverage: )

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