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Damac plans $545m expansion
- United Arab Emirates: Saturday, June 10 - 2006 at 12:30
Damac Properties is planning on moving into other regional and international markets and will spend around $545m in the process, reported Emirates Today. Damac recently announced a major new project in Qatar, The Piazza, but Chairman Hussain Saiwani has said that the company will soon reveal a $150m residential tower in Beirut and a $136.3m project in Amman, Jordan, which will consist of two residential towers.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, June 10 - 2006 at 12:30 UAE local time (GMT+4)
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