Arbah Capital acquires $59m Class A office building in Orlando
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Arbah Capital announced acquiring a $59m income-producing Class A 226,548 square foot office building in Orlando, Florida, USA. Siemens Energy Inc has leased the property on a long term lease. Arbah partners with Hampshire Stateside in this transaction.
Mahmood Al Kooheji, CEO of Arbah Capital has previously stated: “Arbah is very proud to have once again found and executed such an excellent investment which has taken a very careful study and consideration and may produce exceptional asset management opportunities in the near term.”
He added: “We are currently working on other acquisitions in the social infrastructure space in the US as well as prominent real estate development projects in KSA. More details will be provided shortly.” Arbah Capital is an Investment firm licensed by the Capital Market Authority in Saudi Arabia and headquartered in Dammam.
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