Tameer portfolio in UAE

Published September 11th, 2005 - 08:17 GMT
Al Bawaba
Al Bawaba

Tameer Holding (Tameer), one of the commercial, industrial and residential real estate development conglomerates, has announced that its investment portfolio in an array of projects across the UAE has crossed over AED40 billion. This significantly endorses the boom in the local real estate and property market and the increasing potential of the sector in contributing to non-oil growth in the national economy.

 

“Tameer views the current slew of developments in the real estate and property market as well as infrastructure development as absolutely necessary initiatives stemming from the swathe of economic diversification measures underway in the UAE, “ a statement by the company said.