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GIC establishes Istimlak
- Bahrain: Monday, February 05 - 2007 at 16:36
The Gulf Investment Corporation is to establish Istimlak Real Estate Holding in Bahrain. Istimlak will focus on the ownership of income generating fully operational real estate assets in the GCC region. Jones Lang LaSalle, the global real estate services and investment management firm, has been approached by GIC to be the real estate investment advisors to Istimlak. The firm has plans to go public via an IPO in the future.
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Jonathan Sheikh-Miller, Deputy EditorMonday, February 05 - 2007 at 16:36 UAE local time (GMT+4)
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This article was updated on Tue Feb 13 2007.
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