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
• Run Kuwait , Kuwait
• Be aware and show your care , Kuwait
• Vitronic Poliscan Camera with ALPR System at Road 5 , Kuwait
• AFGHANISTAN & NEPAL POST EMPHATATIC VICTORIES – ACC U 19 PREMIER KUWAIT 2014
• Amnesty Period – Kuwait
• Kuwait opens shelter for ‘runaway maids’
• Unique by Balloonyland , Kuwait
• Groovalicious Dance Class , Kuwait
• World Diabetes Day At Al-Hamra , Kuwait
• Free movie under the stars , Kuwait
• Hala Expo at 360 Mall , Kuwait
• Red Bull 5pics photography competition , Kuwait
• Child raped just outside her flat in Kuwait
• Maha Makdisi Exhibition , Kuwait
• Empowering Ummah Presents Secrets of Happy Wives , Kuwait
• Experience the classic taste of Greece in Kuwait
• CIBO at Shakshooka Market , Kuwait @cibokuwait
• Monster Truck , Kuwait
• UPCI – KUWAIT ” 3rd Anniversary ” , Kuwait
• Standup Comedy – Warehouse No. 005 , Kuwait @MadStand

• <<
• 1
...
• 176
• 177
• 178
• 179
• 180
• 181
• 182
• 183
• 184
• 185
• 186
...
• 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