Real Heights Real Estate Broker

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Dubai-based real estate developer Emaar Properties said its primary focus in 2009 will be to mitigate the negative impact of the global financial crisis by facing up to the new economic realities and identifying innovative strategies to sustain businesses in an unprecedented downturn.

The emphasis will be on optimising resource use efficiency and maximising productivity, and continuing to build on their strategy of business segmentation and geographic expansion. Emaar's expansion into other countries, including shopping malls, is expected to gain momentum in 2009.

Meanwhile, real estate firm's total shareholders' funds at the end of 2008 amounted to Dh36 billion, slightly below Dh36.53 billion in 2007.

Source: Copyright © 2009 Gowealthy.com. All rights reserved.