Mega Dubai developer Nakheel has has withdrawn from a consortium bidding to build a major waterfront development in Sydney.
The multi-billion dollar project is being mooted as one of Australia's biggest commercial property developments.
Nakheel's withdrawal comes on the eve of closing time for bids, and leaves its partners Australian property giants Leightons and Mirvac stranded.
Nakheel has abandoned a number of projects in its home country of the UAE, where it leads the way with mega palm projects in Dubai, while trimming its international interests.
No comments:
Post a Comment