Aabar buys plots in Al Raha
United Arab Emirates: Tuesday, November 25 - 2008 at 11:28
Abu Dhabi-based Aabar Investments has signed a purchase agreement with Tasameem Real Estate to buy two residential land plots in the Al Raha development area for an aggregate price of just over Dhs500m ($136m). Aabar plans to develop residential properties of up to four residential towers once the purchase is completed.
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Jeff Florian, Senior ReporterTuesday, November 25 - 2008 at 11:28 UAE local time (GMT+4)
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