26/09/2017 06:06 AST

Investcorp, a leading provider and manager of alternative investment products, today announced that its US.-based real estate arm has invested in six multifamily properties in Florida and Arizona, for a total purchase price of approximately $350m. The properties are located in key growth markets with strong fundamentals in the multifamily space.

Johannes Glas, Managing Director at Investcorp in Qatar, said: “Real estate investments continue to be a key pillar of our investment strategy. We believe that these newly acquired properties benefit from positive socioeconomic factors and sound business infrastructure in the areas.”

The Peninsula

Investcorp sees 16pc rise in income for 6 months


Bahrain-based Investcorp, a global provider and manager of alternative investment products, has posted a net of $55.3 million for the six months ending December 31, 2017 as against $47.7million recor

Trade Arabia

Investcorp exploring new opportunities to invest in Oman


Investcorp, a leading global provider and manager of alternative investments, held its Board of Directors meeting in Oman. This meeting, which took place in Al Husn Shangri-La Hotel, marks the first

Biz Bahrain

Buy-and-build activity ‘rising among buyout firms‘:Investcorp


Investcorp, a leading provider of alternative investments, has released its white paper looking at platform investment activity across the private equity industry and the increased volume of buy-and-

Trade Arabia

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Saudi Arabia’s Samba, Alawwal underline banking upturn


Saudi Arabian banks showed more evidence of improving results on Wednesday with stronger fourth-quarter performances from two of the kingdom’s larger lenders.

Of the seven main Saudi banks

Arab News

UAE’s AI Minister Visits ADNOC’s Artificial Intelligence and Big Data Centers


UAE Minister of State for Artificial Intelligence, H.E. Omar bin Sultan Al Olama has visited the Abu Dhabi National Oil Company’s (ADNOC) Panorama Digital Command Center and Thammama Subsurface Colla

Press Release

Full telecoms competition in the UAE inches closer after du launches nationwide TV service


Du has announced the availability of limited home internet and TV packages across the UAE, marking the beginning of full competition in the UAE’s telecoms space 11 years after the second operator fir

The National

Ooredoo wins ‘Digital Service Assurance Innovator of the Year’ award


Ooredoo has won the ‘Digital Service Assurance Innovator of the Year’ award for the Middle East and North Africa region by global digital software leader BMC Software, highlighting Qatar Data Centre’

Gulf Times

QIB gets approval to renew Sukuk programme


QIB’s annual general assembly has approved the bank’s board of directors’ recommendation to renew, and also to increase, the bank’s Sukuk programme. The leading Islamic lenders’ AGM, met here yesterd

The Peninsula