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Al Futtaim to boost real estate fund (AME Info)

Marwan Shehadeh, Managing Director of Al Futtaim Capital, the investment arm of UAE-based Al Futtaim Group, has said the firm plans to raise $200m (Dhs734.6m) in additional capital for its Real Estate Investment Fund. The move will increase the fund's size to $700m, and be used to finance current and future projects.

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