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

Kuwait investors of Taameer Real Estate Investment have acquired a plot of land in Morocco for $53 million to develop a real estate project - Kuwait News Agency reports.

The project will involve the construction of a hotel, a mall, villas, and residential apartments, Fawaz Al Bader, the company's chief executive said, according to Zawya Dow Jones, adding that the plot of land, valued at KWD1.2 million, covers an area of 35,000 square meters in Tangier city.

To see more Real Estate investors from the Middle East like Taameer, check our Middle East Investors Directory

Alkhabeer Capital, a Saudi-based boutique investment and asset management firm, announced that is currently planning a $400 million investment programme to be rolled out over the next two years - covering region and Europe.

The firm intends to raise three funds targeting a total of $140 million including, for the first time, a fund targeting investments outside of the MENA region. In addition, the firm plans to raise $30 million for a residential development fund specifically in the UK. (The firm is alrady fully invested on its previous Saudi development funds, Alkhabeer Land Development Fund I and Alkhabeer Land Development Fund II)

Alkhabeer Capital is listed in the Middle East Investors Directory with the code BFD18.

More details follows

Hassad Australia, an Australian company backed by Qatari investors, has acquired 27,000 hectares of farming lands in Westerns Australia - ABC News of Australia is reporting.

Hassad Australia's head office is in Sydney and its operations are managed and staffed by Australians. The Board of Hassad Australia consists of six directors, including three Australian Directors.
(Nasser Mohamed Al Hajri, Hassan Abdulla Al Thawadi, Professor J. Lindsay Falvey, John Corbett, Gary Spiel and Tarek Hashem.)

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

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 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:

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Dubai conglomerate Al Habtoor Group is in the final stages of acquiring a five-star hotel in Budapest for $80 million - Arabian Business is reporting.

As DubaiBeat.com reported earlier, the groups was looking to buy hotels in Europe. It is also in talks with officials in France to buy a second hotel in Paris, its chairman says.

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

More details follows from Arabian Business

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