Damac Properties (Damac) denied news about plans to invest USD1.3bn in London’s real estate market. The company said that in his interview with Bloomberg, Hussain Sajwani was addressing his plans as an international investor and not as Damac’s Chairman. (Company disclosure)
DAMAC Properties (DU): AED1.29 as of 29 Jan. 2019, Rating: Neutral, TP: AED1.60/share, MCap: USD2,127mn, DAMAC UH/DAMAC.DU
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