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 unit acquires Cork and Dublin IT firm

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Bahrain-based Investcorp, a leader in alternative investment, said that its portfolio company Calligo, a global end-to-end managed data services provider, has acquired Itomic Voice & Data, a Cork and

Trade Arabia

Investcorp growth continues; net income rises to $125m

09/08/2018

Investcorp, a global provider and manager of alternative investment products, reported an aggregate net income of $125 million for the year ended June 30, 2018 (FY 2018), an increase of 4% year-on-ye

Trade Arabia

Investcorp announces sale of Nobel Learning Communities

02/08/2018

Investcorp, a leading global provider and manager of alternative investments, yesterday announced it has completed the sale of Nobel Learning Communities, one of the leading providers of private educ

The Peninsula

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UPAC 640.00 62,010
ENERGYH 28.20 28,600
YANSAB 72.30 188,321
ALMARAI 53.60 384,671
SACO 76.70 75,425
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Shaker Group narrows Q1 losses, nets good revenue growth

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Saudi-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading importer, manufacturer and distributor of air conditioners and home appliances, has recorded a first quarter net loss of S

Trade Arabia

Work in full swing at Adnoc refining, petchem project sites

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Ooredoo webinar with Plug and Play focuses on business ecosystem

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Ooredoo recently held a webinar that shared learnings and insights into best innovation practices for the business ecosystem. The live "Best Practices" webinar, held on June 10, was co-hosted with Si

Gulf Times

OAB merger with Alizz on track

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Consolidation in the Omani banking sector is a crucial need of the hour so that the sector could grow and stay competitive. Yet, we have not witnessed much progress to date on a wider scale. Despite

Times of Oman

Barwa Bank names winners of Thara’a draw

18/06/2020

Barwa Bank announced yesterday the names of the winners of the most recent round of Thara’a draw, its Shariah-compliant savings promotional scheme, at the Bank’s headquarters. As the draw results sho

The Peninsula