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FinancialNews


  • 06-12-17

    Damac to expand business to include Croatia

    (MENAFN) UAE-based luxury property developer Damac is set to international expansion plans and is considering several popular coastal destinations in Croatia as it looks into a number of real estate projects, a top official said.

    On a panel speaker at the Croatian FDI Forum, Rexpo 2017, senior VP of International Business Development at Damac, Wael Al Lawati revealed that the company sees remarkable potential in cities including Istria, Dalmatia and Dubrovnik and is targeting such cities for investment opportunities, with projects that could be valued at hundreds of millions of Dollars.

    A number of locations were surveyed for feasibility as green-field opportunities across three regions during his visit.

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