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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Tuesday, September 9, 2008

Global Investment House (Global) Announces Acquisition

Global's GCC Real Estate Fund-II Announces its First Acquisition
Zawya - United Arab Emirates
Kuwait - Global Investment House (Global) announced today the successful acquisition of its first asset in the Global GCC Real Estate Fund-II .Global seeded the fund with USD50million. The Global GCC Real Estate Fund-II is a USD500million close-ended fund that was launched in July 2008 dedicated to capitalizing on investment opportunities in the GCC region.

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