Archive for December, 2019

soaking up current and future supply

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

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[…]