08.07.2009 - Distressed funds circle Dubai realty
From Gulfnews.com: A number of distressed funds are standing on the sidelines waiting to jump into Dubai's real estate pool and invest in some of the attractively valued assets, industry experts said on Tuesday. While no significant distressed funds are yet active, the few in the pipeline are likely to increase confidence in the market and rescue defaulted assets..........Full Article: Source
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