Salata has lately set his sights on India, where EQT has invested over $6 billion in roughly a dozen companies.
Marriott expands luxury portfolio with The Londoner Grand, Macao
Marriott’s prestigious Luxury Collection has just welcomed its newest addition: The Londoner Grand, a Luxury Collection Hotel, Macao. The post Marriott expands luxury portfolio with The Londoner Grand …
Investcorp boosts US industrial property portfolio with $335m investment in two cities
Bahrain’s Investcorp, the biggest alternative asset manager in the Middle East, has acquired properties in two US cities for more than $335 million, capitalising on its optimism about US growth. The …
Armenia reclaims 12,400 sqm of illegally acquired land in Yerevan
“The court has restored the ownership rights of the Republic of Armenia over a 12,400-square-meter land plot near Tsitsernakaberd Highway in Yerevan, recognizing it as illegally acquired property. Its …
Jerusalem Church leaders rally against threat to Armenian property
Christian leaders in Jerusalem wrote to the Israeli government last week urging it to prevent the city’s authorities from seizing property owned by the …
Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers
Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of “serious lapses of corporate governance”.
Singapore property magnate seeks to oust son in boardroom battle
Kwek family feud between octogenarian chair and CEO offspring leads to share suspension of real estate developer …
Dubai property prices declined in January
The report said the median price in Dubai for apartments was AED1.35m, for townhouses AED2.67m, and for villas AED6.92m. The drop in prices comes against the backdrop of a market that has experienced …
Dubai real estate prices fall for first time in 2 years – is market stabilising?
Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …
Hong Kong flags 10,000 civil service job cuts, AI push in bid to reverse huge deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, …