Bahrain-based alternative asset management firm Investcorp has raised bn to invest in real estate credit in the United States. The Investcorp Real Estate Credit Fund will acquire whole loans, mezzanine loans, and commercial mortgage-backed securities collateralised by well performing commercial and residential real estate assets throughout the US, according to a press statement.
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»»Investcorp launches $1bn real estate credit fund
»»Alshamsi to open 22 UAE outlets
Alshamsi Holdings has recently opened at Bahrain City Centre an exclusive range of unisex Spanish brand, Desigual, as well other stores include Okaidi & Obaibi, and Parfois, a Portuguese accessories brand. The company has announced its expansion plan to open a further 22 retail outlets in key malls across the UAE by 2010.
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