Middle Eastern Real Estate Investors - VC, Private Equity and Real Estate

UAE conglomerate Al Habtoor Group is eyeing hotel acquisitions in London and Paris but will steer clear of investments in the Arab world outside the Gulf region - the Reuters is reporting.

"We invested in the UK and we are happy about it. If there are opportunities in London and Paris, I won't hesitate to go there", says Khalaf Al Habtoor the chairman of the group.

(To see more Dubai-based investors like Habtoor Group, check our investors directory)

More details follows from Reuters

UK-based Bank of London and the Middle East (BLME) has acquired a third logistics asset in northwest England for a fund aimed at Middle East investors looking to diversify outside London prime - according to Investments and Pensions Europe Magazine.

Bank of London and The Middle East, the London based wholesale Sharia'a compliant bank, had announced the launch of its Light Industrial Building Fund (LIBF), a Sharia'a compliant UK real estate fund last year.

Bank of London and The Middle East is listed in the Middle East Investors Directory with the code SINX41

Details about the fund's initial lunch follows

Bahrian-based investment firm Investcorp announced its three most recent equity investments in the US real estate market, which brings its real estate investments this year to $300 million.

Investcorp has just closed on its purchase of the seven-story Park Tower office complex in Long Beach, California for an undisclosed price. It follows Investcorp's $37 million acquisition of the Bethesda Health City building in Boynton Beach, Florida and of the Ashford, a 221 unit garden and townhouse community composed of 15 residential buildings located in Atlanta, Georgia.

Investcorp is listed in the Middle East Investors Directory with the code OR30.

More details follows

The State General Reserve Fund (SGRF), an Oman investment firm, has acquired the Four Seasons Gresham Palace Hotel in Budapest.

Four Seasons Hotels Toronto, will continue to operate the 179-room luxury hotel. The amount of the sale has not been disclosed.

To see more investment firms like Oman's SGRF check our Middle East Investors Directory

More details follows from Hotelier Middle East

Continue reading "Oman State General Reserve Fund acquired Four Seasons Budapest hotel" »

Kuwait Finance House, an investment firm from Kuwait, announced that it acquired a warehouse property for logistic services in Sweden for $70 million.

Hallsberg, the city where the property situated, is considered a logistic services hub for the local and international companies for supplying the main Swedish cities and an exporting center to the neighboring Nordic countries. The property with a built up area of 70,000 square meters is leased to Ahsell, a trading and distributing equipments firm, for a long term lease contract.

Kuwait Finance House is listed in the Middle East Investors Directory with the code LIP07.

More details follows

Continue reading "Kuwait Finance House acquires logistic services center in Sweden for $70 million" »