Dubai developer DAMAC considers London tower investment

April 5, 2015 5:59 AM

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DUBAI, April 5 (Reuters) - Dubai property developer DAMAC will consider taking an equity stake in a project to build a 50-storey mixed-use tower in central London, which would mark its entry into the British market, it said on Sunday.

The second biggest Dubai developer by market value has projects in the United Arab Emirates, Qatar, Saudi Arabia, Jordan and Lebanon.

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