Cityscape Connect Logo
rss feeds
help?

Discussions

Editor “Take what you can get”, investors warned Editor Community Manager CityscapeConnect.com , Updated: Mar 02 2010

“Take what you can get”, investors warned. According to Richard Bell, an associate with Clyde & Co an investor should accept revised offers from developers rather then hang on for original real estate projects in Dubai to make progress.
 “If investors rush straight to court, there is no guarantee of success and investors will incur heavy legal fees, Bell added. He also expressed his belief that if work on the development is still proceeding, the odds of winning a court case are against the investor” . http://www.arabianbusiness.com/582525-take-what-you-can-get-investors-warned
Is this reasonable, this would definitely not be the case in the rest of the world surely?
4 out of 5 stars
discuss this (2)
  •  
help?
add commment

Comments

http://www.cityscapeconnect.com/en/Profile-Page/?userId=535 Registered User Group Marketing Manager Cityscape, Updated: Mar 09 2010
This is an article that is quite interesting in Kippreport who state that 243 real estate developments in Dubai have either stalled or been cancelled and recommend six courses of action.
http://www.kippreport.com/2010/03/what-you-can-do-if-your-property-project-is-on-hold/
 
http://www.cityscapeconnect.com/en/Profile-Page/?userId=35 Registered User CEO H2O New Media, Updated: Apr 12 2010
What I would like to know is what is being done by the
Government to protect investors considering investing in the local market.   Does anyone
have any ideas?  What needs to be done?

PS:  Does anybody want
to buy a water home? ;-)
 

Add Comments to Topic

You need to be registered to post a comment!

 

Registration is free to qualified real estate professionals and you can be posting your topics and networking with members in minutes - simply Register now and you will be able to post in just a few minutes.

 

 

Tags

© Cityscape Connect 2010