Gazeley

Gazeley is part of Economic Zones World which operates under the Dubai World Group.

In June 2013 "Dubai World, the state-linked group whose $25bn of debt brought the emirate to the brink of financial collapse in 2009, has sold one of its UK assets as part of its efforts to repay creditors. A unit of Toronto-based investment company Brookfield Asset Management has bought logistics warehouse developer Gazeley from Dubai World subsidiary Economic Zones World (EZW... Dubai World bought Gazeley from Wal-Mart Stores in 2008 for an estimated 300-400 million pounds ($459-$611m). A fall in asset prices since then means the sale to Brookfield may have occurred at a lower price."

Contact
Web: http://www.gazeley.com

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