Monday, October 15, 2007

'Pentominium' nominated as 'Best Property in the World' for the prestigious CNBC International Property Awards

from AME Info

As per the industry resources in the past three years, the total value of residential property in developed economies has increased by an estimated $20 trillion, to over $60 trillion, and the value of the real estate projects in the GCC, Iran and Iraq has already crossed $750 billion. This clearly indicates region's contribution to the global property market. In many respects, the Gulf region, especially Dubai, Saudi Arabia and Kuwait, has seen a real estate boom in the last few years perhaps unparalleled elsewhere in the world.

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