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Dubai firm eyes UK real estate acquisition

Posted on 08 October 2008

From Arabian Business: Dubai’s Al Fara’a Properties on Tuesday revealed they are in talks to buy a UK-based real estate/construction-related firm. Speaking to Arabian Business on the sidelines of the Cityscape exhibition in Dubai, company director Natasha Gangaramani said: “Now is a good time to acquire assets or companies in Europe.”

While she would not go into any more detail about the proposed acquisition, she did also reveal that the company is planning to launch a new fund next year with the aim of targeting further real estate and construction expansion, including opportunities in the US….. Full Article: Source


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