Friday SWFI News Roundup, June 13, 2014
Aabar Sells Shares in Arabtec Holding
Abu Dhabi-based Aabar Investments PJSC has chopped its interest in Arabtec Holding Co., a Dubai builder, down to 18.85% from 21.57%. This is being confirmed from the Dubai Financial Market.
US$ 500 Million Committed to Waterton Residential Property Venture XII from CalSTRS
The California State Teachers’ Retirement System (CalSTRS) has recently committed US$ 500 million to Waterton Residential Property Venture XII. This property value-added fund will acquire underperforming multi-family properties in the United States. The management team at Waterton Associates specializes in renovating and helps in the repositioning of apartments.
Kuwait Investment Authority Goes to Greece and Hungary
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