Relevant:
- Dubai Property Regulator Canceled 217 Projects in 2 Years Amid Price Slump
- Dubai Third-Quarter House Prices Fall 6% on Reduced Lending, Colliers Says
- Dubai’s $330 Billion Deferred Buildings Impose Fees
- Nakheel Faces Canceled Projects After Debt Agreement
- Dubai's Nakheel Starts Payment to Creditors in $10.5 Billion Restructuring
2010-09-28 — bloomberg.com
"Out of 980 registered projects, 495 were scrapped or are in the process of being cancelled by the emirate’s Real Estate Regulatory Agency the government said in a bond prospectus posted on the London Stock Exchange website yesterday."
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Comments:
catherine at 21:03 2010-09-28 said:
DUH???? and after all the kool-aid poured on the deals over there............... Permalinkadd a comment | go to forum thread
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