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New $250m property fund to focus on UAE
- United Arab Emirates: Tuesday, September 29 - 2009 at 14:15
Tasweek Real Estate Marketing and Development has announced plans to create a $250m real estate investment portfolio targeting Dubai and Abu Dhabi over the next 18 months. The Abu Dhabi-based company said it was looking to invest in Dubai Marina, Jumeirah Beach Residence and Dubai International Financial Centre (DIFC) in Dubai and Reem Island, Al Raha Beach, and Building Material City in Abu Dhabi. Its targeted acquisitions are expected to generate a return on investment of at least 10%, the company said.
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StaffTuesday, September 29 - 2009 at 14:15 UAE local time (GMT+4)
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