PERE recently spent a week in Dubai and Abu Dhabi gauging investment market sentiment after the economic crisis in the region at the end of 2009. Four real estate professionals of different disciplines offered their perspectives on development opportunities and the flow of capital in the region. PERE Magazine, March 2010 issue.
2 min read · 24 January 2013
Improved access to the estimated $1tr Shariah-compliant pool of capital in the MENA region may spur more firms to switch to Islamic private equity funds.
2 min read · 24 January 2013
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, has joined forces with Bahrain-based investment house Arcapita Bank to invest in real estate sectors including warehousing and healthcare.
2 min read · 24 January 2013
The Hong Kong-based firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'. The fund will target hospitality.
2 min read · 24 January 2013
Qatari Diar – fully owned by the emirate of Qatar – has become the second-largest shareholder in French construction company Vinci with a stake of between 5% and 8%. In exchange, Vinci acquires 100% of service provider Cegelec, which is set to add some €3bn in revenues to the French group.
1 min read · 24 January 2013
PERE’s Jonathan Brasse reports from the world’s tallest building, the Burj Khalifa in Dubai.
3 min read · 24 January 2013
A debt-for-equity swap has given the Connecticut-based firm a substantial stake in the former New York Times headquarters. The building was purchased in 2007 by Africa Israel USA, the stateside subsidiary of billionaire entrepreneur Lev Leviev’s real estate investment firm
2 min read · 21 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 21 January 2013
Abu Dhabi has committed $10 billion to help neighbouring Dubai meet is debt obligations, including its $4.1 billion Islamic bond, which matured today.
2 min read · 21 January 2013
The private equity firm has purchased a 40% stake in the country’s second largest healthcare services company, Medical Park.
2 min read · 21 January 2013
