Home » Middle Eastern Real Estate Investors »


|| Dubai private investors of Legatum acquired a building at DIFC

legatum-difc.pngLegatum, a private investment group based in Dubai, announces the acquisition of Precinct Building 6 at the Dubai International Financial Centre (DIFC), the financial and business hub based in the UAE.

The nine-level 128,000 sq ft property, to be renamed Legatum Plaza, was purchased from a private investor and is located in the Gate Precinct of the DIFC.

To see a list of real estate investors from the Middle East similar to Legatum Group check our Middle East Investors Directory

More details follows:

Legatum, a private investment group based in Dubai announces the acquisition of Precinct Building 6 at the Dubai International Financial Centre (DIFC), the financial and business hub connecting the region's emerging markets with the developed markets of Europe, Asia and the Americas.

The nine-level building, to be renamed Legatum Plaza, was purchased from a private investor. It is located in the prestigious Gate Precinct of the DIFC, and enjoys a unique position between the iconic DIFC Gate building and Emirates Towers. With Legatum enhancing its presence in the DIFC by relocating its Dubai office into two floors of the property, the 128,000 sq. ft. building will be fully occupied.

Mark Stoleson, CEO of the Legatum Group, said, "As one of the first registrants in the DIFC when it was established in 2004, this investment is an expression of Legatum's long-standing belief in the success of Dubai and the DIFC as a world-class home for international finance. This acquisition of Building 6 will provide Legatum with a new global headquarters in the finest location in Dubai's Central Business District, which is increasingly recognised as a leading international financial centre, connecting East with West."

Abdulla Mohammed Al Awar, CEO of DIFC Authority added, "Legatum's decision to invest in DIFC as its global headquarters is further testament to DIFC's status as a global financial and business hub. DIFC has independent regulations, a common-law framework, supportive infrastructure, making it the perfect base for pioneer clients such as Legatum. In recent years, we have focused on growing our existing client partnerships helping them grow their operations within DIFC and across the region."

Dubai was voted a top 10 global business destination in a recent CB Richard Ellis survey.

Legatum is a private investment group with a twenty-five year heritage of generating and allocating capital and ideas that can help people to lead more prosperous lives, and which applies its investor's expertise to a long standing involvement in the sustainable development of communities around the globe.

The nine-level building, to be renamed Legatum Plaza, was purchased from a private investor. It is located in the prestigious Gate Precinct of the DIFC, and enjoys a unique position between the iconic DIFC Gate building and Emirates Towers. With Legatum enhancing its presence in the DIFC by relocating its Dubai office into two floors of the property, the 128,000 sq. ft. building will be fully occupied.

Mark Stoleson, CEO of the Legatum Group, said, "As one of the first registrants in the DIFC when it was established in 2004, this investment is an expression of Legatum's long-standing belief in the success of Dubai and the DIFC as a world-class home for international finance. This acquisition of Building 6 will provide Legatum with a new global headquarters in the finest location in Dubai's Central Business District, which is increasingly recognised as a leading international financial centre, connecting East with West."

Abdulla Mohammed Al Awar, CEO of DIFC Authority added, "Legatum's decision to invest in DIFC as its global headquarters is further testament to DIFC's status as a global financial and business hub. DIFC has independent regulations, a common-law framework, supportive infrastructure, making it the perfect base for pioneer clients such as Legatum. In recent years, we have focused on growing our existing client partnerships helping them grow their operations within DIFC and across the region."

Dubai was voted a top 10 global business destination in a recent CB Richard Ellis survey.

Legatum is a private investment group with a twenty-five year heritage of generating and allocating capital and ideas that can help people to lead more prosperous lives, and which applies its investor's expertise to a long standing involvement in the sustainable development of communities around the globe.



Previous Post: Kuwait investors acquired stake in Turkish bank for $350 million
Next Post: Dubai-based Royal Investment Bank launched alternative investment service

More from Middle Eastern Real Estate Investors ...


  Middle East investors of Rasmala acquired Abbvie House in UK for $35 million (June 2016)

  Middle East investors of Rasmala and GII acquired Airbus office complex in UK for $42 million (March 2016)

  Middle East investors to spend $15 billion per year in global real estate (August 2015)

  Middle East investors to spend $180 billion in global real estate over next decade (June 2014)

  Bahrain investment firm acquires US real estate assets valued at $250 million (November 2013)

  Middle East investors drive European commercial property market (September 2013)

  Saudi investors of Alkhabeer acquired real estate in Houston (September 2013)

  Abu Dhabi investment firm ADIC buys stake in Tokyo property (August 2013)

  Kuwait Investors acquired land in Morocco for $53 million (October 2012)

  Alkhabeer Capital to launch a $400 million fund (September 2012)




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2017 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter