The Kuwait-based Warba Bank has announced acquisition of the new headquarters of British Telecom located in the town of West Bromwich in the UK for $33 million.
This is in-line with their acquisition in New York a couple of weeks ago in which they announced the conclusion of a financing deal to purchase a property and develop it into a multi-family residential complex by Criterion Group based in New York. A total of 24 percent of the stocks of this bank is held by Kuwait Investment Authority (KIA).
To see more Real Estate investors from the Middle East like Warba Bank, check our Middle East Investors Directory
More details on both real estate transactions follows
Previous Post: US Paladin Capital and Abu Dhabi Invest AD to launch $100 million fund
Next Post: Middle East investors invested $175 million in a Russian power producer