Major Dubai developer plans more investment worldwide
Property Wire - St. Albans,England,UK
Dubai-based developer Nakheel plans to capitalise on the global downturn in property markets by acquiring further real estate assets overseas. The real estate firm is looking at further investments in the US, Britain and Australia in the next 12 to 18 months as a result of the property price downturn in these countries. ...So far in 2008, more than 6,100 Nakheel units have been sold. That amounts to 97% sold and 3 % reserved which exceeds the developer's targets. ...
Property Wire - St. Albans,England,UK
Dubai-based developer Nakheel plans to capitalise on the global downturn in property markets by acquiring further real estate assets overseas. The real estate firm is looking at further investments in the US, Britain and Australia in the next 12 to 18 months as a result of the property price downturn in these countries. ...So far in 2008, more than 6,100 Nakheel units have been sold. That amounts to 97% sold and 3 % reserved which exceeds the developer's targets. ...
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