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Damac enters US real estate market with luxurious project

Dubai-based developer Damac has announced its foray into US real estate market by winning the $120 million bid to acquire land in an upscale Miami neighbourhood. It plans to build an ultra-luxurious, Cavalli-branded condominium project on the plot.

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Dubai-based DAMAC Properties makes foray into US real estate market with ultra-luxurious CAVALLI branded Miami condos

/PRNewswire/ UAE-based DAMAC Properties has announced that it has won the US $120 million bid to acquire land in the upscale Miami neighbourhood of Surfside..

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Damac makes foray into US with ultra-luxurious Cavalli branded Miami condos

The property, on Collins Avenue, offers residents 200 feet of direct beach frontage and access to South Beach and Bal Harbour. The land, comprising 1.8 acres, was so.

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Dubai's Damac Properties makes US entry by winning $120m bid in Miami

The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour.

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Behind the label: how the US stitched up the Honduras garment industry

<strong>The long read:</strong> Among the manifold complexities of the global supply chain, a simple principle holds: corporations will always go where their costs – and their responsibilities – can be kept to an absolute minimum

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