Sunday 21 October 2012

Bahrain's GFH to modify $1.4bn Morocco project - Real Estate - ArabianBusiness.com

Bahrain-based investment bank Gulf Finance House on Sunday said that it was making "critical modifications" to its $1.4bn project in Morocco.
The company said in a statement that its Royal Ranches Marrakech was to change to meet new market conditions in Marrakech.
The residential part of the project is set to "shift from luxury large scale villas, to small to medium-size apartments", the statement said.

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