Archive for December, 2019

soaking up current and future supply

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Matthew Gregory Sunday 01 December 2019 The word ‘off-plan’ has been gaining significant popularity in the local property market. For those who aren’t very familiar with real estate terms, an off-plan property is an uncompleted property purchased directly from the developer. By the end of 2021, there are over 124,000 units expected to be handed[…]

Dubai Property Tycoon Acquires Italian Fashion Brand Icon Roberto Cavalli

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Chairman of Dubai based DAMAC Properties, Hussain Sajwani, through his private investment company, Vision Investments, has bought the Italian fashion group Roberto Cavalli SpA. The UAE-based investment company emerged as the top bidder amongst various entities that were vying for the globally recognized fashion brand. Roberto Cavalli was previously controlled by the Italian Private equity[…]