Despite the global crisis in the financial and real sectors of almost all economies around the world, and while most businesses have nothing on their agendas but downsizing, diversification is still the only safe bet. Prudent and cash rich investors have the most to gain from investing in undervalued assets during the current turbulent economic times. As a recent example, Deyaar Development recently announced that it is moving ahead with plans to expand internationally.
One of the largest developers in Dubai, Deyaar’s real estate ventures span across major growth corridors and prime locations in the UAE. According to its Chief Executive Officer, Markus Giebel, “we can take excess cash and buy land internationally. There is no better time to start international expansion.”
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