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FINANCIAL NEWS
Fizzy to receive USD333m fund from UAE firm
15 Mar 2014
(MENAFN) UK-based Fizzy announced that it has received a new capital commitment of USD333 million from an Abu Dhabi-owned company, Arabian Business reported.
The company said the fund had come from an investment entity owned by the Abu Dhabi Investment Authority (ADIA).
The investment will enable Fizzy to “proceed rapidly” towards building a large portfolio of quality private rental accommodation.
Group chair of Thames Valley Housing, Fizzy’s parent company, said: “As the PRS market is growing quickly with new players emerging all the time, it was a specific objective of ours for Fizzy to have access to a larger capital source within the first two years of operation.”
More News
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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
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