Thursday 28 August 2014
 
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US property

Investcorp acquires key US properties for $105m

Bahrain-based Investcorp, a leading provider and manager of alternative investment products, has announced that its US-based real estate arm, has acquired a portfolio of commercial and residential properties in Dallas, Texas and South Florida fo

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Saudi group in $133m overseas project investment

Saudi conglomerate Abdulaziz Alsaghyir Holding said it had invested about SR500 million ($133.2 million) in the overseas real estate markets with focus on acquisition and developement of prime properties in the US and the European Union.

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Investcorp acquires US hotel property

Investcorp, the Bahrain-based alternative investment firm, said it has acquired Residence Inn Manhattan Beach, a 176-room Marriott hotel in Los Angeles, California. Residence Inn is the Marriott hotel group's brand of extended stay ho

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Investcorp buys shopping centre in Texas

Investcorp, the asset management firm specialising in alternative investments, has acquired Deerbrook Marketplace, a retail shopping centre in Houston, Texas. Located in north suburban Houston, the 348,542 sq ft Deerbrook is home to leadin

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Istithmar loses prime US property after default

Istithmar World, a unit of Dubai World, has handed over a prime New York residential building to Danske Bank after failing to pay its mortgage, a UAE daily reported on Thursday. This is the loss of its second property in Manhattan since De

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