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Coronavirus spread to Middle East hits UAE’s biggest developer

The real estate industry is starting to feel the impact from the growing coronavirus threat, and Dubai’s biggest developer is no different. Shares in Emaar Properties PJSC — builder of the world’s tallest tower, the Burj Khalifa — fell 10 percent this week after 230 cases of the virus were confirmed in the Middle East, according to Bloomberg. The company’s subsidiaries have also taken hits. The virus’ spread, or rather the measures to contain the


The Real Deal New York

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