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More Bad News For Dubai As Istithmar Loses Foreclosure Auction For …

Tue, Dec 8, 2009

Dubai, Dubai News

The WSJ reporting that Istithmar, the investment arm of Dubai’s royal family, has lost the foreclosure auction for the Union Square W Hotel, which as we pointed out a month ago was the most likely next CRE casualty.

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More Bad News For Dubai As Istithmar Loses Foreclosure Auction For …

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This post was written by:

rajajang - who has written 9481 posts on Dubai for Visitors.


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