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Real Estate Briefing - Categorized | Emerging Trends, M&A, Middle East and Africa more

UAE real estate to make real progress

Posted on 14 March 2012

Having languished in the doldrums since the days of boom and build were dramatically slowed down by the global meltdown, the real estate sector in the UAE is on the brink of a revival with the prospect of a $15bn merger.
News of the government-back deal between Aldar Properties and Sorouh, both based in Abu Dhabi, sent their stocks soaring by 9.8% at the start of the week with investors reacting positively………………………………………..Full Article: Source


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