Evergreen Hospitality Development Group, LLC agreed to acquire ASV Group Limited from Emaar Properties PJSC (DFM:EMAAR) for AED 750 million on October 8, 2020. Under the deal, Emaar Properties will retain ownership of the Sky Bridge restaurant. The Hotel Management Company has entered into an agreement to manage the Skyview hotel. The transaction is expected to close on January 1, 2021.

Evergreen Hospitality Development Group, LLC agreed to acquire ASV Group Limited from Emaar Properties PJSC (DFM:EMAAR) during 2020.