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Dubai attracts global institutional property investors



Dubai attracts global institutional property investors

Posted on Apr 29, 08 at 9:32 pm.
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International property consultants Strutt & Parker have announced their plans to open in Dubai . They will be hoping to capitalize on an increase in interest from its major institutional clients who have watched the evolution of the Dubai vision and now want to participate.

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Vakson raises AED185 million syndication loan through National Bank of Fujai

Posted on Apr 29, 08 at 9:32 pm.
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Jebel Ali Free Zone-based Vakson Group Ltd (VGL) has signed an agreement to raise AED 185 million through a syndicated facility. The loan will be used by an associate company - Vakson Real Estate LLC for financing medium term working capital requirements. National Bank of Fujairah (NBF) was the Initial Mandated Lead Arranger (IMLA) and book runner

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Emaar launches majestic a4Ma4 Burj Dubai residences in Downtown Burj Dubai

Posted on Apr 29, 08 at 9:32 pm.
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Majestic and modern, "M" Burj Dubai is the latest addition of trendy homes launched by Emaar Properties within Downtown Burj Dubai. A truly monumental residential project comprising two towers of 50 and 22 storeys, "M" Burj Dubai redefines the home experience with exceptional design by award-winning international architects and rich amenities tail

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Profit up 78% at luxury real estate developer Abyaar

Posted on Apr 29, 08 at 9:32 pm.
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Abyaar Real Estate Development ("Abyaar" or "the company"), one of the leading developers in the Middle East, announced on Sunday its first quarter results for 2008 to the Kuwait Stock Exchange and the public. Profits for the first quarter of 2008 rose a significant 78% to hit KWD 8,639,350, compared to the KWD 4,842,401 recorded for the same qua

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Real estate shares lead decline on UAE bourses

Posted on Apr 29, 08 at 9:32 pm.
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Dubai: UAE shares fell, paring this month's rally, as Oman Telecommunications surged, pushing the country's index to a record.

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