UK-based Hideaways Club, a property investment fund for a portfolio of luxury villas and mansions around the world, is setting up a base in Dubai to target Middle East investors - the Gulf News is reporting.
According to Gulf News, membership prices for the fund range from $194,000 to $373,000 excluding annual fees and members can use over 58 million dollars worth of properties. The Hideaways Club has over 140 members and over the next three years is targeting 600 members targeting Middle East investors and global investors.
More details from Gulf News follows
Previous Post: Middle East investor group and a consortium acquired Miramax for $650 million
Next Post: Abraaj Capital investing $700 million in small and medium sized firms