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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Abu Dhabi’s Mubadala fund to acquire rest of local property venture from partner John Buck

Posted on 08 March 2011

From AP: An Abu Dhabi state investment fund is planning to acquire the remainder of a local joint venture it has with U.S. real estate firm John Buck Company.
Mubadala Development Company said Monday it hopes to complete its acquisition of the 49 percent stake in the Abu Dhabi-based venture this month. The deal would give it full control of the partnership, John Buck International Properties, which is developing real estate projects in the Emirati capital……………………………………….Full Article: Source


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