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Azizi unveils Dhs3.5bn projects
- United Arab Emirates: Thursday, May 22 - 2008 at 11:58
Dubai-based property developer Azizi Investments has purchased over 920,000 square feet of land at the Palm Jebel Ali and Dubai World Central, the company said in a statement. The value of property projects earmarked by Azizi for the two sites now totals Dhs3.5bn ($954m). Azizi says it plans to increase its property development portfolio to an estimated 165 million square feet by 2010 and increase its total land bank on the Palm Jebel Ali alone to 1,477,078 square feet.
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Jeff Florian, Senior ReporterThursday, May 22 - 2008 at 11:58 UAE local time (GMT+4)
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