| 08.10.2008 - Dubai Properties sees portfolio doubling to $272 bln |
| From Reuters: Government-owned Dubai Properties said on Tuesday it plans to almost double its projects portfolio to over 1 trillion dirhams ($272.3 billion) and could announce a development in the Indian subcontinent this year. The developers current project portfolio is worth 565 billion dirhams and "with our five-year plan we are talking about reaching a trillion dirham figure," Chief Executive Mohamed Binbrek told reporters. ..... Full Article: Source |