Warren Buffett Bets on Dubai Property as Market Prolongs Slump
This article is for subscribers only.
Warren Buffett’s real estate brokerage is expanding into the Middle East with an office in Dubai.
Berkshire Hathaway HomeServices Gulf Properties will be led by Chairman Ihsan Husein Al Marzouqi and Chief Executive Officer Phil Sheridan. It will have a team of 30 advisers and support staff, according to a statement. “Gulf Properties aspires to grow quickly by tripling its advisor count and opening a second office in Abu Dhabi within a year," it said.