SWFI First Read, December 7, 2015
Kuwait Investment Authority Signed Articles of Agreement for AIIB
On December 4th, the Kuwait Investment Authority (KIA) signed the articles of agreement of the Asian Infrastructure Investment Bank (AIIB). The Managing Director of the KIA Bader Mohammad Al-Sa’ad signed the agreement on behalf of the Kuwaiti government. The signing occurred at the Chinese Ministry of Foreign Affairs in Beijing.
Mirvac Group Plans to Manage CIC’s Investa Assets
The China Investment Corporation (CIC) will have its newly-acquired Investa assets be managed by Mirvac Group. The CIC made a massive commercial real estate play in Australia, buying a portfolio of towers from Morgan Stanley-backed Investa Group in 2015.
Russia Returns to Cuba
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