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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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Sunday, October 5, 2008

Majid Al Futtaim Group to Invest $1 bn in New Damascus

Majid Al Futtaim Group, the region's premier developer of shopping malls, has announced plans to invest an initial US$ 1 billion to build Syria's largest ever mixed-use development.
Strategically located in a residential part of Damascus, known as 'New Damascus', the company plans to build a landmark master-planned development, which will serve as a new 'town centre' for local residents. 

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