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Rise in real estate funds targeting UAE distressed sales

Posted on 29 November 2010

From Arabianbusiness.com: The UAE is set to see an increase in ‘vulture’ funds targeting the rise in distressed real estate assets coming onto the market towards the end of the year, Arabian Business has learnt.

The Global Distressed Property Monitor, compiled by the Royal Institute of Chartered Surveyors (RICS), found that the number of distressed assets coming onto the market in the UAE increased in the third quarter of 2010 and will increase further in the last quarter of the year…………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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