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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.”
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
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
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-
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
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
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
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’
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