Kuwait is interested to buy London City Airport
London City Airport has been put up for sale by Global Infrastructure Partners.The sovereign wealth fund of Kuwait is teaming up with Ontario Teachers’ Pension Plan and Hermes to bid for the airport, while Macquarie is leading a rival consortium.
One of the world’s biggest sovereign wealth funds is part of a consortium that is plotting a bid for London City Airport, which has been valued at £2bn.
Wren House Infrastructure Management, which is an investment vehicle owned by the Kuwait Investment Authority; Canadian giant Ontario Teachers’ Pension Plan; and investment firm Hermes have teamed-up to make an offer for the airport, according to sources in the infrastructure sector.
The KIA is the world’s fifth largest sovereign wealth fund with some $592bn in assets.
Source : Telegraph
Kuwait News
- Events in Kuwait
- Standup Comedy – Warehouse No. 005 , Kuwait @MadStand
- Greek music concert , Kuwait
- Building demolished in Salmiya by Implosion , Kuwait
- Open Quiz , Kuwait
- First Anniversary of MotoLadyClub and Participation in Blood Camp , Kuwait
- The November Comedy Night at SIK
- Cultural Centre at Sabah Al Ahmad City , Kuwait
- Wonderland Bazaar , Kuwait
- Fighter jets dropped several 500-pound laser-guided bombs on Iraq (Quoted from Arabtimes)
- Indian embassy steps in protect rights of housemaids in Kuwait
- Education UK Exhibition – EDUKEX 2014 @kwbritish
- Nasser Al Mutairi Wins Red Bull Car Park Drift in Kuwait @redbullkuwait
- ‘Land of Pearls’ in Arabic , Kuwait
- Your another landlord in Kuwait “Haris”
- 7th Fitness Convention , Kuwait
- Freestyle Football , Kuwait
- Kuwait to build 25,000 new houses in Al Ahmadi , Kuwait
- Kuwait Airport Expansion , Kuwait
- Students of Gulf English School of Kuwait will communicate with crew members of the International Space Station
- Al Salam Palace , Kuwait
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
