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Real Estate News Alert.

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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Friday, February 27, 2009

Kuwaiti Group Penetrating the Market Next Week with Big Money

Kuwaiti Group Added To Cash Shell Makes A Big Plus
One of the biggest companies to join Plus Markets for many years arrives next week.
A Kuwaiti commercial property company is reversing into Rak Real Estate, a Plus cash shell. It is expected to have a market capitalisation of more than $900m (£624m). At present the biggest Plus company is Arsenal Holdings, the football club, which has a market capitalisation of £470m. ...

Posted by Nizar

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