Bahrain firm attracts $901m investment
Manama, November 5, 2012
AMP Capital, one of the largest investment managers in Asia Pacific, managing more than $127 billion with its Middle East headquarters in Bahrain, has attracted $901 million from two international investors.
Harina Company Limited, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, has made an investment in funds managed by AMP Capital, said a report in our sister publication the Gulf Daily News.
Together with the Canada Pension Plan Investment Board, the two organisations have invested in new equity in the AMP Capital Retail Trust, which has interests in Australian shopping centres Macquarie Centre and Pacific Fair.
The investment will allow these top-tier international investment organisations to participate in the growth of leading shopping centres located in high population growth areas, providing them with significant development opportunities.
AMP Capital-managed funds have acquired Westfield Group and Westfield Retail Trust's interest in three of Australia's best known retail assets. – TradeArabia News Service