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
• Give construction workers and cleaners an air-conditioned bus
• Kuwait mosque attack suspect admits and told the whole scene
• DNA test timetable for all persons living in or visiting Kuwait
• New mechanisms to evaluate the need for foreign workers in Kuwait
• Planning to shift the Fish Market from Souq Mubarkiya , Kuwait
• Video – Kuwaitis rescued the sheep from the sea in Kuwait
• Tank Drifting by Kuwait’s Crew
• Kuwait deports 16 expats due to driving without license
• ‘Catch Me if You Can’ arrested in Kuwait
• Surprise Checking Lead To Deportation Of 1,444 Expats (Via Arabtimes)
• Indians in conflict zones
• U.S. Embassy Kuwait, Visa Procedure – KTV2
• Price Comparison of Samsung Galaxy S6 from different Electronic Stores of Kuwait
• Samsung Note 4
• U/C
• Lamborghini under the bus , Kuwait
• Indians in Kuwait and their complaints
• Filipinos raise ‘blood money’ to free long serving prisoner in Kuwait
• Following Cars need to visit workshop in Kuwait
• Kuwait hasn’t stopped renewal of visas to Pakistanis

• <<
• 1
...
• 134
• 135
• 136
• 137
• 138
• 139
• 140
• 141
• 142
• 143
• 144
...
• 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