Fri, May 6, 2016
A A A
Welcome tstroemlev
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

RBS seen picking Abu Dhabi to buy 42 hotels

Posted on 17 August 2012

Royal Bank of Scotland Group Plc (RBS) chose the Abu Dhabi Investment Authority as the preferred bidder for 42 hotels it owns following loan defaults, Property Week reported, without saying where it obtained the information.
The sovereign-wealth fund offered 620 million pounds ($973 million) for the hotels operated by Marriott, the publication said. RBS and the fund didn’t immediately return calls seeking comment on the report……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 18533 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2016
M T W T F S S
« Apr    
 1
2345678
9101112131415
16171819202122
23242526272829
3031