Tuesday 11 June 2013

Casino Dubai’s Rebound Pitch Ignored by Global Investors - Bloomberg

"Dubai is back with the big plans. What it doesn’t have are the biggest property investors.
Surging home prices in parts of Dubai and rebounding shopping and tourism markets are prompting developers to announce projects on a scale not seen since the emirate’s property market collapsed in 2008. So far, sovereign wealth, pension and insurance funds are staying away even as they splurge on real estate elsewhere."

'via Blog this'

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