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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 leading global provider and manager of alternative investments, has appointed Yusef Al Yusef as the new chief representative officer of its Abu Dhabi office, in conjunctio
Bahrain’s Investcorp, an alternative investment management firm that counts Mubadala Investment Company as its biggest shareholder, added Sir Michael Fallon, UK’s former Secretary of State for Defens
Investcorp, a global provider and manager of alternative investment products, has announced its first private equity investment in China since its inception in 1982.
Investcorp has partne
National Bank of Bahrain (NBB) is weighing an acquisition of shares in Bahrain Islamic Bank (BISB), the company said in a disclosure on Monday. The lender is “considering making a potential voluntary
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
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
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.
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has reported third quarter earnings at Dh3 billion ($816 million), up 16 per cent