Investment Corporation of Dubai acquired Montenegro waterfront development
The Investment Corporation of Dubai (ICD) has announced purchase of Porto Montenegro, a yacht marina and waterfront development in Montenegro.
Last year, ICD acquired stakes in three luxury hotels across the world: the W Hotel in Washington D.C., the Mandarin Oriental in New York, and the One&Only in Cape Town, South Africa. It also owns significant equity interest in Kerzner International Holdings Limited (KIHL), the international operator of the One&Only, Atlantis and Mazagan brands. The Montenegro deal value is not disclosed.
Investment Corporation of Dubai (ICD) is listed in the Middle East Investors Directory with the code MA1610.
More details follows:
June 13, 2016 |
Filed under Dubai Venture Capital Firms
Previous Post: Abu Dhabi firm Waha Capital invested $76 million in New York listed firm AerCap Holdings
Next Post: Middle East investment firm EIP and consortium acquired UAE firm for $17 million
Investors Directory 2024