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Dubai's Damac Properties to raise stake in overseas subsidiary to 45% from 20%

Damac Properties’ plans to seek a higher profile in overseas markets has gotten a boost, with the Dubai developer raising its stake in its overseas subsidiary to 45 per cent from 20 per cent. Damac International is building a super-luxury high-rise in London, and had spoken about the possibility of…

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Click here to read the full story: Gulf News

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