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ALDAR-SOROUH/
RTR3D5E7
January 30, 2013
A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi, January 28,...
Abu Dhabi, United Arab Emirates
A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi
A general view shows the headquarters of Aldar Properties at Al Raha Beach in Abu Dhabi, January 28, 2013. The state-backed union of Abu Dhabi's two biggest property developers is likely just the first step in a wider consolidation that will see projects and state entities merged in a bid to stabilise the real estate market. After nearly a year of talks between some of the emirate's top business moguls and government officials, Aldar Properties and Sorouh Real Estate agreed last week on a merger which will create a company with $13 billion in assets. Picture taken January 28, 2013. To match ALDAR-SOROUH/ REUTERS/Ben Job (UNITED ARAB EMIRATES - Tags: REAL ESTATE BUSINESS)
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