05.08.2009 - Mayfair opens UAE ‘distress’ property fund
From Gulf-times.com: A Cayman Islands-based wealth management firm has launched a $50mn Shariah-compliant distressed property fund in the UAE to tap into the country’s suffering real estate sector. Mayfair Wealth Management expects the fund to deliver an annual return of 12-15% by way of leasing and rental income, the firm said in a statement yesterday...........Full Article: Source
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