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English news

04-Apr-2016

Damac aims to expand in London, penetrate new markets

Damac Properties (Damac) is considering expanding into further high-end projects in London, as well as other new markets, such as the US, according to Hussein Sajwani, Damac’s Chairman. Sajwani mentioned that the company plans to capitalise on its significant database of 30,000 high-income customers, many of whom bought units at the company’s first London project. Offering master-planned projects such as Akoya in London is being considered by the Damac. (Arabian Business)

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