15.06.2009 - Funds bargain-hunt UK properties
From Thenational.ae: The acquisition comes just weeks after the Oman Investment Fund, a sovereign wealth fund, bought a 75 per cent stake in the Bishops Square building in London in a deal that valued the property at 440m (Dh2.65bn). Fadi Moussali, the regional director of the international capital group at Jones Lang LaSalle, said London had become a prime target for funds with cash to spare. Jones Lang LaSalle brokered both of the London deals.........Full Article: Source
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