High-end real estate developments offer huge potential for investment at the moment, claims a respected international luxury property developer, who believes that investors could so “very, very well indeed” if they successfully ride the ups and downs of real estate markets.
Sorouh Real Estate Nets $34 Million Profit from Sun & Sky Towers Handover
Sorouh Real Estate, the second-largest property developer in Abu Dhabi, yesterday reported profits $34 million for the second quarter, a year-on-year growth of 525% from 2010 following the generation of more than $271 million in revenue from its landmark Sun & Sky Towers project. Additionally, the developer generated earnings from numerous housing projects in the