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Abraaj eyes real estate

Dubai-based private equity firm Abraaj Capital said yesterday that 2010 would be a significant investing year for private equity and that it was looking at opportunities in Middle East commercial properties to take advan-tage of cheap prices.

Chief executive Arif Naqvi said that Abraaj Capital would very soon be ann-ouncing investment initia-tives in the commercial real estate sector in the region, but declined to give details.

 
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