20.05.2016 - Bahrain Sovereign-Wealth fund Buys Stake in Office Buildings in Phoenix and Dallas
For the past few years, foreign investors have poured money into U.S. commercial property—but in only a small handful of cities such as New York, Los Angeles and San Francisco. Now one big foreign investor is looking further afield. The sovereign-wealth fund of Bahrain on Thursday bought a 49% stake in a portfolio of seven office buildings spread between Phoenix and Dallas, according to the fund and Regent Properties, which sold the stake and owns the remainder...............................................Full Article: Source
Print