UPDATE 1-Emaar says UK's Countrywide to run part of Hamptons | Reuters

Dubai's Emaar Properties EMAR.DU handed over part of the operations of its Hamptons International subisdiary to UK estate agency Countrywide, as it focuses on the Middle East and North Africa.

The Arab world's largest-listed developer will continue to operate Hamptons in the Middle East and North Africa (MENA), while Countrywide will own the rights to operate the agency in Britain, continental Europe and Asia, it said in a statement.

The statement did not specify if Emaar had sold the operations of Hamptons to Countrywide and did not give a value for the deal. Executives at Emaar could not be immediately reached for comment.