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
• Eid Al Adha Festival at AWARE Center , Kuwait .
• Waki Day – Keep your balance
• Burger Fuel has opened a store in Kuwait @BurgerFuel
• Rules for using the road emergency lane in Kuwait
• Kuwait Ferrari 458 Italia at Dubai Mall
• Eid Crowd in Avenues , Kuwait
• Run Kuwait
• Israeli Girl and Kuwait Airways (via Foxnews)
• AEGIS in Kuwait
• 2014 Eid offers , Kuwait
• Turkeys at road in Salmiya near gas station Kuwait
• Change of KISWA as culmination of Hajj – 2014
• eFashion Store in Kuwait @eFashionQ8
• Heavy Congestion at Kuwait Airport due to eid holidays
• Samsung Galaxy Note 4 , Kuwait
• Landmark Group Opens Registrations for the fifth edition ‘Beat Diabetes’ Walkathon
• Miss Switzerland in Kuwait
• Kuwait Cricket team celebration – Asian Games 2014
• Event in Pakistan School and College Rumaithiya with hope of 100 thousands poets and writers responsibility , Kuwait
• Ostrich found on road in Qurain , Kuwait

• <<
• 1
...
• 183
• 184
• 185
• 186
• 187
• 188
• 189
• 190
• 191
• 192
• 193
...
• 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