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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

ME SWF to buy AIB Bankcentre

Posted on 16 June 2009

From Tribune.ie: A Middle Eastern sovereign wealth fund is in exclusive negotiations to acquire four office blocks at AIB Bankcentre in Ballsbridge, Dublin 4, for about €98m, more than €70m less than owner Aviva Investors paid for them in 2006.

Until now, sovereign wealth funds’ exposure to Irish property was limited to the 50% stake that the Oman Investment Fund has in Jurys Inns…….Full Article: Source


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