International Property Investment » property developers in dubai http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Wed, 10 Mar 2010 12:12:40 +0000 en hourly 1 admin admin International Property Investment Blog No No Emaar Properties in Dubai Downgraded by Standard and Poor – Outlook Negative on Dubai’s Real Estate Market http://internationalpropertyinvestment.com/emaar-properties-in-dubai-downgraded-by-standard-and-poor-outlook-negative-on-dubais-real-estate-market http://internationalpropertyinvestment.com/emaar-properties-in-dubai-downgraded-by-standard-and-poor-outlook-negative-on-dubais-real-estate-market#comments Tue, 17 Mar 2009 14:46:10 +0000 Mark Knowles
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http://internationalpropertyinvestment.com/?p=2087 STOCKHOLM (Standard & Poor’s) March 17, 2009–Standard & Poor’s Ratings Services said today that it had lowered its long-term corporate credit rating on Dubai-based property developer Emaar Properties PJSC to ‘BBB+’ from ‘A-’. The outlook is negative.

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]]> http://internationalpropertyinvestment.com/emaar-properties-in-dubai-downgraded-by-standard-and-poor-outlook-negative-on-dubais-real-estate-market/feed 0 Emaar Properties in Dubai Downgraded by Standard and Poor http://internationalpropertyinvestment.com/emaar-properties-in-dubai-downgraded-by-standard-and-poor http://internationalpropertyinvestment.com/emaar-properties-in-dubai-downgraded-by-standard-and-poor#comments Thu, 18 Dec 2008 16:00:03 +0000 Mark Knowles
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http://internationalpropertyinvestment.com/?p=1146 Standard & Poor’s Rating Services said today that it had revised its outlook on Dubai-based property developer Emaar Properties PJSC (Emaar) to negative from stable.

“The outlook revision reflects a rapid weakening of the real estate markets in Dubai, and our uncertainties about the depth of the downturn and the pace of eventual recovery. A prolonged downturn could negatively impact our view of Emaar’s business risk, and it could also lead to deterioration in Emaar’s currently healthy financial position,” said Standard & Poor’s credit analyst Alf Stenqvist.

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