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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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Thursday, September 4, 2008

IPO: Nakheel Properties

Dubai's Nakheel mulls IPO in 12 months
guardian.co.uk - UK
DUBAI, Sept 3 (Reuters) - Government-owned Nakheel Properties, developer of Dubai's palm-shaped islands, will decide on a public listing in the next 12 months as it expands rapidly in the Gulf and abroad, its chief executive said. ... Nakheel if listed could become one of the biggest companies in the Gulf, comparable to listed rival Emaar, which has a market capitalisation of around $15 billion. ...

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