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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Mubadala sells joint venture to UK firm

Posted on 04 January 2012

Mubadala Development has sold a commercial property joint venture less than nine months after paying Dh83.6 million (US$22.76m) to take full control of it.
The buyer is Serco, a property management and outsourcing company in the UK. It is taking over the joint venture, called John Buck International (JBI), for an undisclosed price, according to a statement………………………………………..Full Article: Source


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