US, Europe property prices are 'attractive', says Emaar
United Arab Emirates: Sunday, March 23 - 2008 at 14:18
Emaar Properties' company chairman Mohammad Al Abbar said the developer is exploring opportunities in the US and Europe where property prices have become 'attractive', reported Reuters, citing an article by Kuwait's Al Qabas daily. He said 'a property whose price was $100 in the US, now costs $10... and we expect it to become $5'. No specifics were given about which properties Emaar is seeking.
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Jeff Florian, Senior ReporterSunday, March 23 - 2008 at 14:18 UAE local time (GMT+4)
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