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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, September 29, 2008

Burj Al-Alam for the Grab

Arabtec quits Burj Al Alam talks
The National - Abu Dhabi, United Arab Emirates
Arabtec has pulled out of contract negotiations to build the 500 metre high Burj Al Alam, which is slated to be the emirate's second tallest building.
Arabtec had been in talks with Fortune Group, the developers, about the deal estimated to be worth Dh2.9bn (US $800mn) since the beginning of this year and was tipped to win the contract. ...

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