| An unnamed Middle Eastern sovereign wealth fund is in advanced discussions to acquire the Zuiderpoort office complex in Gent, Belgium, PropertyEU has learned. According to informed sources close to the process, the transaction is expected to be completed by the end of the month. If successful, it would signal a new direction in sovereign wealth funds' capacity to penetrate secondary investment locations.
So far, Middle Eastern SWFs have largely been focused on Europe's strongest cities of London, Paris and Frankfurt...............................................Full Article: Source |