Sunday, November 29, 2009

Impact of Dubai World on US Commercial RE

Dubai World logo

In the United States, Dubai World's portfolio includes several well-known properties through its Nakheel subsidiary. The fallout could have a larger impact on the entire real estate market.

Perhaps best known as the developer of Dubai's palm-shaped islands, Nakheel, also carries the Mandarin Oriental and W hotels in New York in its portfolio, and has a 50 percent stake in the Fontainebleau Miami Beach resort.
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