PGIM Real Estate, the world’s third-largest real estate investment manager with headquarters in the US, has completed the fundraise for its Read More
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Alpha MBM to Develop $4 Billion Oil refinery Project in Uganda
The Ugandan government and its joint venture partner, Dubai-based Alpha MBM Investments LLC, have signed a $4 billion agreement to develop the 60,000 barrels Read More
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foreign exchange
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Swedish Central Bank Boosts Dollar Holdings in Reserve Shift
The Swedish Central Bank Riksbank on Tuesday increased its exposure to dollar assets in the foreign exchange reserve to 70%, from previously 62%. At Read More
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Divestments
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Keppel Exits South Rach Chiec City Project in Vietnam
Singapore-based global asset manager Keppel Ltd, through its real estate division, has divested its entire 42% stake in South Rach Chiec City LLC (Read More
RWE, the UK's largest power generator and a global leader in renewable energy and five independent retail co-operatives – Lincolnshire Co-op, Scotmid Co-op, Read More
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TGNR Buys 70% Stake in East Texas Gas Assets
TG Natural Resources (TGNR), a company indirectly owned by Tokyo Gas Co and Castleton Commodities International, has announced that it has closed Read More
Two-US-based asset management firms - Brookfield Asset Management and Angel Oak Companies – have entered into an agreement in which Brookfield will acquire Read More
