Tasweek gains from asset consolidation

Dubai: Tasweek Real Estate Development and Marketing raised its investment portfolio by 27 per cent as it got the benefits from consolidating its exposure at the Health Care City in Morocco. It also launched a mixed-use project which includes a hospital and a hotel. “Given the turbulence of the regional and global property markets over the past few years, we consider it a great achievement to have logged our fifth straight year of profitability in 2013,” said Nasser Bin Obood Al Falasi, chairman.