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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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Monday, April 27, 2009

Markus Giebel: Deyaar to Buy Distressed Debts

Deyaar to set up series of distressed debt funds
Reuters - USA
DUBAI, April 27 (Reuters) - Dubai real estate developer Deyaar DEYR.DU will launch a series of funds of up to 1 billion dirhams ($272.3 million) to buy distressed debt, including its own, as it looks to boost returns for shareholders, its chief executive said. ...

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