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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Bahrain Sovereign-Wealth fund Buys Stake in Office Buildings in Phoenix and Dallas

Posted on 20 May 2016

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


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