Gold Coast developer Sunland Group is negotiating to purchase two high rise development sites — one in Abu Dhabi and one in Qatar — as it diversifies outside the overheated Dubai property market.
The company would not buy more Dubai development sites in the short to medium term, Dubai-based Sunland International managing director Soheil Abedian said. In October, Sunland began marketing a $2.2 billion Dubai high rise, The Atrium, a joint venture with a company associated with golfer Adam Scott and a consortium of wealthy Australian-based families.
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