Dubai property developer Nakheel in talks over push into Asia - FT.com:
"The Dubai state-owned property group Nakheel is in talks to launch developments in as many as three Asian countries, its first direct ventures in the region, as it seeks to diversify its business and avoid a repeat of its near-default during the financial crisis.
The company is in discussions about launching a mixed-use development with a Vietnamese partner in Ho Chi Minh City and has also been approached by potential partners in China and Pakistan, Ali Rashid Lootah, Nakheel chairman, said on Tuesday."
'via Blog this'
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