‘White knight’ investors rescue Dubai’s distressed projects
![Dubai's distressed projects](https://www.armsmcgregor.com/wp-content/uploads/2019/02/Kalpesh-Kinariwala_resources1-830x460.jpg)
The decline in land costs has helped them better manage the cost of turnarounds Dubai: “White knights” are again getting active in Dubai’s real estate market, picking up distressed plots and projects and trying to make them viable again. Such investors are also providing a much-needed safety net to the wider market, ensuring that delayed…