WW Advisors has been established by Wafra InterVest Corporation and Watheeqa Holding to advise global clients on investment into property. David Swan, a former Tishman Speyer Properties director and most recently at Middle Eastern private equity firm Arcapita, has joined as managing director.
1 min read · 21 January 2013
The Kuwait Projects Co. plans to raise its first private equity fund, ‘market conditions permitting’, that would invest in sectors including real estate and financial services.
1 min read · 21 January 2013
The London-based, pan-Europe fund manager has exited from all nine private Irish property syndicate funds it inherited as a result of the 2006 acquisition by its majority owner Savills of property services firm Hamilton Osbourne King. Cordea Savills is concentrating on its institutional clients and segregated accounts as it streamlines the business.
2 min read · 21 January 2013
The Abu Dhabi Investment House is reportedly planning to launch a private equity fund to acquire distressed assets.
1 min read · 21 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 21 January 2013
The Bahrain-based firm has added a third school to its education platform with the acquisition of Dubai-based Al Maaref school.
1 min read · 21 January 2013
Industrial markets in North America, Western Europe and export-led economies are in for a difficult 2009, according to Cushman & Wakefield. However, emerging markets fared better, with rents in Rio de Janeiro rising by a staggering 46%.
2 min read · 21 January 2013
Investor sentiment is on the decline as the region suffers from a decline in petro dollar surpluses coupled with the wider global economic turmoil.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
Tokyo-based KK daVinci is reportedly in talks to sell three prime offices in the city. A sale would come hot-on-the-heels of the firm’s $142 million divestment of the Lietocourt Arx residential tower to Kuwait’s St Martins Group.
1 min read · 21 January 2013
