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Union Properties Swaps Marriott Hotel for Debt at Emirates NBD

Hotel Renaissance sold to a developer after being about 78 percent completed, Union Properties general manager Ahmed al Marri said in an interview without being more specific. * Marriott courtyard 60 percent complete * Co. to build 135 homes, apartments, townhouses in Green Community expansion * Co to fund Green Community itself * Co. doesn’t need to raise more money this year, may in 2014: al Marri

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