| 10.02.2010 - Deyaar postpones $136mln distressed fund |
| From Tradearabia.com: Dubai developer Deyaar has postponed a 500 million dirham ($136.1 million) distressed property fund after international investors withdrew 200 million dirhams previously committed, a local daily reported. The emirate's second-largest developer by market value launched the fund last summer to buy distressed properties from its own portfolio as well as other properties, as it looked to boost returns for shareholders........................................Full Article: Source |