Dubai Arzan Wealth investors acquired Lenovo Enterprise building in US for $127 million
A consortium of investors in Arzan Wealth has acquired the global headquarters building of Lenovo's Enterprise at Raleigh North Carolina for $127 million.
Arzan Wealth is an investment advisory firm registered at the Dubai International Financial Center (DIFC) and is a subsidiary of Kuwait's Arzan Financial Group. (The 67 acre campus is located at the Research Triangle Park and was originally developed in 1995 for Ericsson. It is currently leased to Lenovo under a 13 year lease agreement).
Arzan Wealth is listed in the Middle East Investors Directory with the code FE156.
More details follows: