• HSBC

Aldar to focus on investment properties

  • United Arab Emirates: Thursday, October 01 - 2009 at 15:03

Investment properties are expected to represent 36% of Aldar Properties' total revenues by 2011 against only 2% in 2008, according to Deutsche Bank. About 70% of the net area (until 2011) will be allocated to investment properties, while in the long term (until 2017) 23% of the net area is likely to be allocated to investment properties.

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