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|| Bahrain investment firm acquired Los Angeles hotel for $40 million

Shroogi-Residence-Inn.jpgBahrain-based investment firm, Investcorp, has announced that it has acquired Residence Inn Manhattan Beach, a Marriott hotel in Los Angeles for $40 million.

They had recently announced acquiring Coral Palm Plaza, a shopping center located in Coral Springs, Florida, in their third recent real estate investment in the US with a total value of $120 million.

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

More details follows:



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