Dubai-based developer Emaar Properties is seeking investment opportunities in Europe and the US, where property prices have become 'attractive', according to a report on news agency Reuters. 'A property whose price was $100 in the US now costs $10 and we expect it to become $5,' Emaar Properties chairman Mohamed Alabbar said in a soon-to-be-published interview in Kuwait’s Al-Qabas newspaper made available to Reuters.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
