Hircon Reposses 10 Dubai Marina Apartments

Monday, July 26, 2010

Dubai-based real estate developer, Hircon International has said it has repossessed eight to 10 apartments in 23 Marina, Emirates Business has reported. The repossessed units in the Dhs1.3bn project in Dubai Marina belonged to investors who were not inclined to meet their financial obligations or eager to talk and work out feasible solutions, the firm said. The development is expected to be completed by September.

Source: AME Info

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