SWF Radar

Dubai sovereign wealth fund shuns partners in £1.4bn race for Trillium

Posted by Editor on June 24, 2008 at 09:12 PM

The Times reports that, “Dubai’s sovereign wealth fund [Investment Corporation of Dubai (ICD)] is expected to make an individual bid for Trillium, Land Securities’ £1.4 billion property outsourcing division, after ruling out a joint offer with Vincent Tchenguiz, the Mayfair property entrepreneur, and aAIM, the property fund manager part-owned by HBOS.”

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