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

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Investcorp adds UK's former Defense Secretary to advisory board

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Gulf News

Bank Muscat celebrates al Mazyona salary prize draw

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Bank Muscat, the flagship financial services provider in the Sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in promoting a strong savings culture Oma

Oman Daily Observer

BoS posts 13 per cent increase in net profit

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The Bank of Sharjah (BoS) has announced the results for the period ended September 30, 2018. According to results, net profit for the quarter reached Dhs301 million, registering a 13 per cent increas

The Gulf Today

Nakheel breaks ground on Dragon City twin tower project

23/10/2018

UAE master developer Nakheel today (October 22) broke ground on its Dh713 million ($194 million) twin-building project located within the Dragon City mixed-use community in Dubai.

The grou

Trade Arabia

FAB posts 16pc surge in Q3 net profit to $816m

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Trade Arabia