Damac chief hits out at Dubai brokerages over property market reports | The National:
"Damac Properties has accused some of the real estate sector’s biggest brokerages of “professional malpractice” by publishing Dubai market reports forecasting excess supply.
Ziad El Chaar, managing director of the developer, slammed data put out by property brokers as inaccurate and damaging to market sentiment, in an open letter sent to media yesterday.
Without naming any particular agency, Mr El Chaar criticised reports at the start of the year predicting that as many as 25,000 homes would be handed over in Dubai in 2015."
'via Blog this'
No comments:
Post a Comment