SPV is the need of the hour in realty
GulfNews - Dubai,United Arab Emirates
The panic of the real estate slowdown took a heavy toll in the GCC market last week and the US subprime symptom is now clearly visible. ...The UAE (and the GCC) cannot afford a slow down in the realty sector despite the expected low return on investment. The real estate market should at this juncture project a low return of 5.5 to 7.5 per cent keeping growth and employment unaffected. ...
Sunday, November 16, 2008
UAE and GCC Cannot Afford a Slow Down in Realty Sector Despite Low Return on Investments
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