Union Properties said on Tuesday it plans to hold the annual general meeting on April 19.

UPP informed this to their shareholders in a statement posted on Dubai Financial Market’s website.

Union Properties reported 51 per cent fall in full year net profit for 2016 to Dh211.4 million. Revenues declined by more than a fifth to Dh1.13 billion. The company’s portfolio was valued at Dh6,099 million. The group had liabilities of Dh291 million till December 2016.