Royal Opportunity

Dubai Holding eyes real estate trust amid city’s property boom

London tycoon Nick Candy has formed a new joint venture with Abu Dhabi's Modon Holding and plans to build across the MENA region

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View of Dubai Marina

Dubai’s ruler, Sheikh Mohamed bin Rashid, sees a grand opportunity as head of Dubai Holding Co. to capitalize on the city’s real estate boom.The emirate’s government-owned conglomerate is in the early planning stages of creating a real estate investment...