Middle East investors acquired Amazon's largest UK distribution warehouse for $76 million
Dubai investment bank Rasmala and Kuwaiti investment firm KAMCO acquired Amazon's largest UK distribution warehouse for $76 million.
The acquired property is leased to Amazon UK Services with an unexpired term of 15 years. The investment will target an annual cash dividend yield of 6.5% per annum, with an expected internal rate of return of 7% upon exit.
Kamco and Rasmala are listed in the Middle East Investors Directory with the code OR35 and OR48 respectively.
More details follows:
April 3, 2017 |
Filed under Dubai Venture Capital Firms
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