Browse
related articles
Consolidation will shape Dubai market, says Moody's
- United Arab Emirates: Wednesday, July 29 - 2009 at 11:49
The recently proposed consolidation of Emaar Properties and the real estate activities of Dubai Holding Commercial Operations Group (DHCOG) would create a dominant entity in Dubai's property market that would control the market as well as benefit from economies of scale and stronger bargaining power vis-à-vis contractors, Moody's Investors Service has said. Furthermore, the opening of Dubai's Metro, the inauguration of Burj Dubai and the end of the school year/beginning of the summer period will shape Dubai's residential property market in the near term and lead to greater differentiation within Dubai's residential areas, from which the two firms may benefit, Moody's added.
Related Content
Article Options
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
