Monday 11 January 2016

Reality Check Squeezes $20 Billion #Dubai Development - Bloomberg Business

Reality Check Squeezes $20 Billion Development - Bloomberg Business:

"Morgan Parker’s first job at one of Dubai’s biggest developers was to tell his bosses everything that was wrong with their $20 billion plan to build the world’s largest mall and 100 hotels to surround it.
A lot, it turned out. The former head of the Rockefeller family’s Rose Rock real estate firm took Dubai Holding LLC’s Mall of the World project back to the drawing board, pushing a scaled-down plan that doesn’t require breaking records to attract attention."



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