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Article: Dubai investors become $1B players in US market.(Dubai Investment Group)
- Article from:
- Real Estate Weekly
- Article date:
- March 30, 2005
CopyrightCOPYRIGHT 2005 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dubai Investment Group in association with The Milestone Group announced the acquisition of a $1 billion multifamily portfolio, comprising more than 21,000 apartments located throughout the U.S. The transaction, which closed today, creates one of the largest residential property ownership entities in the nation.
Dubai Investment Group ("DIG") is an affiliate of Dubai Holding LLC. DIG, formerly known as The Investment Office, rebranded to incorporate and promote its tie to Dubai. This transaction is the first completed under the new moniker and is the first time that the activities of DIG are being made public. DIG began investing in the U.S. real estate market in ...