10.10.2008 - UAE remains global contender for property
From Gulfnews.com: The UAE is the third largest investor in property in the world, officials have said. According to Steve Williams, global adviser for Real Capital Analytics, the UAE, Qatar and Bahrain were surpassed only by the United Kingdom and the United States. However, he added that the recent turmoil in the global financial markets has worsened the standing of the two western countries. Despite the international storm and the turbulence experienced in the local financial market, real estate capital remained a beacon of hope with dozens of multi-million dollar development projects being launched during Cityscape..... Full Article: Source
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