Kuwait interested to buy Mall in 2 Billions USD

Kuwait Investment Authority (KIA) is among the final three bidders for an Irish property portfolio valued at an estimated $1.8bn.

Project Jewel, a loan portfolio that includes debt secured on Dundrum Town Centre, a 12 ha shopping centre in Dublin, among others, is controlled by Ireland’s National Asset Management Agency (NAMA), the government body that took over the country’s distressed real estate assets during the downturn.

According to Arabian Business, the sale being conducted by NAMA is for the loans secured against the shopping centres, as opposed to the centres themselves. However, by buying the loans, the successful bidder will have effective control over the properties.

The portfolio also includes a 50% stake in two other prominent shopping centres in Dublin (Ilac in city centre and Pavilion in Swords), as well as land adjacent to the Dundrum Shopping Centre that has been earmarked for its second phase of development.

Source : Construction Week Online

---

Kuwait News

• Events in Kuwait
• Expat Life in Kuwait: What You Should Know!
• “Early Check In Facility” at Kuwait Airport to avoid rush due to Eid Holidays
• Kuwait parliament approves first law for maids
• Adobo Connection Kuwait
• 80 Open Spaces For Eid Al-Fitr Prayers in Kuwait
• Etiquette of Eid
• Eid al-Fitr Mubarak 1436
• 6th Ring Road will be closed partially , Kuwait
• Before i was working IN the office and now i am working FOR the office
• Some Decisions for working women in Kuwait
• Validity Of Entry Visas Reduced
• Maximum Annual Increment for the Expats in Kuwait
• 500,000 KWD in Beggar Account in Kuwait
• Crackdown after the Eid , Kuwait
• Grace Period for 30,000 violators in Kuwait
• Charges will be increase by 200% for expats
• Announcement of Eid Holidays
• 100 KD Increase in residence fees
• Deportation of Expatriates if found behind rumours
• Kuwait planing to Block Whatsapp Calls

• <<
• 1
...
• 136
• 137
• 138
• 139
• 140
• 141
• 142
• 143
• 144
• 145
• 146
...
• 200
• >>

---

Filed in: All • Expats in Kuwait • Local News • Projects
Tagged with: about • about kuwait • alert • bloggers • breaking news • constructions in kuwait • date • events • events in kuwait • events kuwait • expats in kuwait • expats kuwait • festivals • kud • kuwait • kuwait bloggers • kuwait constructions • kuwait events • kuwait expats • kuwait festivals • kuwait news • kuwait social media • kuwait uptdate • kuwait upto date • kuwaitup 2date • kuwaitup2date • kuwaituptodate • news • news kuwait • q8up2date • social media • things to do in kuwait • to • top • up • up2date • uptodate • weekend • weekend events • weekend events in Kuwait • what to do in kuwait