Aldar to launch $1.25bn
http://www.arabianbusiness.com/55631...enerate-funds-
anyone have any thoughts on the direction AD biggest property company is heading with news they are heading to the market for $1.25b to continue developments ? not really sure what to make of it.... |
Re: Aldar to launch $1.25bn
Could it have anything to do with the inside way the UAE works, the fact that Aldar are partly government owned therefore guaranteed most of the construction contracts and the fact that this could be easy money for some of those insiders?
Maybe not... but I'd like to hear from someone that really understands the situation as to what the involved risks would be in these bonds. |
Re: Aldar to launch $1.25bn
ALDAR work in mysterious ways - they like to keep everyone in the dark! One thing's for sure though they will be very careful about working with British Contractors in future.
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Re: Aldar to launch $1.25bn
Originally Posted by Foxes
(Post 7594690)
http://www.arabianbusiness.com/55631...enerate-funds-
anyone have any thoughts on the direction AD biggest property company is heading with news they are heading to the market for $1.25b to continue developments ? not really sure what to make of it....
Originally Posted by AnotherWorld
(Post 7594707)
Could it have anything to do with the inside way the UAE works, the fact that Aldar are partly government owned therefore guaranteed most of the construction contracts and the fact that this could be easy money for some of those insiders?
Maybe not... but I'd like to hear from someone that really understands the situation as to what the involved risks would be in these bonds. Basically they start a million dollar business with only 10 thousand dollars, and the rest is other people's money... |
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