Kuwaiti investors pay $926m to enter Reem development
The National - Abu Dhabi,United Arab Emirates
...A Kuwaiti investment company has paid Dh3.4 billion (US$926 million) for four towers on Reem Island in Abu Dhabi, a sign of heightened international appetite for the development despite high prices... Brokers reported recently that Al Reem prices on the primary market hit Dh2,600 per sq ft, versus Dh1,950 on the secondary market. ...
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