Hussain Sajwani, chairman of Damac Properties said on Thursday new property launches will come to a halt this year due to coronavirus pandemic.  Antonie Robertson/The National
Hussain Sajwani, chairman of Damac Properties said on Thursday new property launches will come to a halt this year due to coronavirus pandemic.  Antonie Robertson/The National

Cost and fragmentation are barriers to innovation in property industry, says Damac founder