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Olayan Financing Company acquires 24.5 percent stake in ICD Brookfield Place in the DIFC

Olayan Financing Company acquires 24.5 percent stake in ICD Brookfield Place in the DIFC

05/15/24, 12:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SA.svgriyadh
https://purecatamphetamine.github.io/country-flag-icons/3x2/AE.svgdubai
Industry
financial services
lending
real estate
financial services
Olayan Financing Company has successfully completed the acquisition of a 24.5 percent stake in ICD Brookfield Place (ICDBP) within the Dubai International Financial Centre (DIFC). This represents a significant milestone in OFC's investment strategy and further strengthens its presence in the real estate sector.

Company Info

Company
Olayan Financing Company
Location
Riyadh, Riyadh Region, Saudi Arabia
Company info
Olayan Financing Company (OFC) has acquired a 24.5 percent stake in ICD Brookfield Place (ICDBP), the prestigious lifestyle and business location within the Dubai International Financial Centre (DIFC). This landmark acquisition, in collaboration with Lunate, an ADQ backed alternative investment manager, represents a significant step in strengthening OFC's investment portfolio in the real estate sector.