Damac plans to expand in Qatar
Qatar: Thursday, April 24 - 2008 at 11:53
Damac Properties, the Middle East's largest private sector master developer, is eyeing huge investments in Qatar's real estate sector in line with the country's rapid growth, the company said in a statement. Qatar has more than $100bn worth of projects in the pipeline across various sectors, Damac said, and nearly 200,000 families are expected to move into the country over the next three years and around 500,000 by 2012. Damac plans to open dedicated sales offices and a development office in Qatar to foresee the developing projects under way in the country.
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Jeff Florian, Senior ReporterThursday, April 24 - 2008 at 11:53 UAE local time (GMT+4)
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