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Raiffeisen can reach goal even if it keeps Polish unit

VIENNA / Bloomberg Raiffeisen Bank International AG can afford to keep its Polish unit rather than sell it at a fire-sale price because the Austrian lender is already “within striking distance” of its target to boost capital ratios, according to its chief executive officer. Eastern Europe’s second-biggest lender still wants to dispose of the business but may not succeed in ...

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Singapore developers post lowest new home sales

Bloomberg Singapore developers sold the lowest number of new homes in 14 months, as mortgage curbs cooled demand in Asia’s second-most expensive housing market. Developers sold 301 units in February, down 7 percent from the revised 323 units in January, according to data released Tuesday by the Urban Redevelopment Authority. While annual sales rose just under 2 percent to 7,440 ...

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Burj Ramla confirms strength of real estate

RIYADH / EMIRATES BUSINESS With a clear strategy and vision, Naif Al-Rajhi Investment (NRI) is keen to work in line with the preset objectives of the Council of Economic Affairs and Development, and along with the changes that indicate broad opportunities for growth in the real estate sector. Ramla Real Estate Development Company, owned by Naif Al Rajhi Investment , ...

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