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Monday, November 9 - 2009

Bloom plans $10bn portfolio

  • United Arab Emirates: Tuesday, May 13 - 2008 at 09:59

UAE-based Bloom Properties, formerly known as Emirates International Properties, plans to invest $10bn in mixed use projects in the UAE, Romania and Algeria over the next three to five years, its CEO, Hani Shammah, said on Monday. Bloom is the joint real estate development arm of Emirates International Investment Company and National Holding. Shammah said Bloom is currently eyeing opportunities for developing properties in Oman and Jordan, reported Gulf News.

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