Articles About Deloitte LLP

Author:
Tom Silva
Posted:
06.16.2010

Dubai World Building Boom Leaves It Owing Billions to Banks

State-owned holding company Dubai World is in talks to renegotiate $26 billion of debt and asking its banks for approval to defer loan payments.  The banks are hoping to avoid a haircut – taking less money than they are owed.  Dubai’s government also might provide a guarantee to the banks that are owned money.  Dubai […]

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Author:
Tom Silva
Posted:
12.07.2009

World to Restructure $26 Billion Worth of Real Estate-Related Debt

Dubai World has entered into discussions with its banks to restructure its $26 billion worth of debt, including $3.5 billion owed by its property unit, Nakheel.  Dubai World is Dubai’s flag bearer in global investments.  As a holding company it operates a highly diversified spectrum of industrial segments and plays a major role in the […]

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Author:
James I. Clark III
Posted:
05.13.2009

Sovereign Wealth Funds Still Interested in U.S. Real Estate

Sovereign wealth funds (SWFs) have been closely watching the credit crisis evolve, according to a Deloitte LLP report.  The good news is that they haven’t entirely lost their taste for American commercial real estate.  Consider that two of 2008’s highest profile transactions were the Abu Dhabi Investment Authority’s $800 million acquisition of the iconic Chrysler […]

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