21 Nov 2011
(MENAFN) Bahrain’s Investcorp said that the company’s real estate investments in the US real estate market reached USD300 million in 2011, reported Arab News.
The firm added that recently it invested in three equity projects that included the purchase of Power Tower office complex in Long Beach, California, which would grant the firm a Class A office tower in a major coastal area.
Whereas the other investments were the acquisition of the Bethesda Health City building in Boynton Beach, Florida and the purchase of the Atlanta, Georgia-based Ashford garden and townhouse community, with a total cost of USD37 million for both acquisitions.
It is worth noting that the three properties were acquired according to Shariah rules.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more