Arcapita sells stake in UK housing facilityBahrain-based Arcapita Bank said it has sold 80 per cent of its stake along with that of its investors in five senior housing facilities in suburban London to Healthcare REIT, a real estate investment trust based in Ohio, US. The comple More… |
Arcapita sells Indian assetsArcapita Bank has completed the sale of MedPlus Health Services, an Indian healthcare company, to a consortium of private equity investors, after a holding period of 3 years. Arcapita became the largest shareholder in MedPlus in November 2 More… |
Arcapita sells US investment for $630mBahrain-headquartered Arcapita Bank and its affiliates completed the sale of a portfolio of 29 senior living communities in the US for $630 million. The company had acquired the real estate portfolio in 2003. The portfolio is bei More… |
Arcapita in $1.56bn Irish power utility dealBahrain-based Arcapita Bank has entered into a deal to sell off its Northern Ireland power transmission and distribution business to a subsidiary of ESB, Ireland’s premier electricity utility for £1.03 billion ($1.56 billion). No More… |
Al-Rajhi, Arcapita launch $500m property fundAl Rajhi Capital, subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank, headquarted in Bahrain, have launched a $500 million (SR1.87 billion) Gulf property income fund to capitalise on falling prices. The ARC Real Estate Inco More… |
Victory Heights handover in progressThe handover of units at Victory Heights Golf Residential and Development, the joint venture between Arcapita, a Bahrain based investment bank, and Dubai Sports City, is in progress. Larsen & Toubro (L&T) and Eastern Contracting (E More… |
S&P lowers Arcapita Bank credit ratingsStandard and Poor's Ratings Services has said that it has lowered its long-term counterparty credit ratings on Bahrain-based Arcapita Bank to 'BB-' from 'BB'. It also removed them from CreditWatch, where they were first More… |
S&P revises Arcapita ratingsStandard Poor's Ratings Services has revised its long-term counterparty credit rating on Arcapita Bank to 'BB' from 'BB+'. It has kept the rating on CreditWatch. At the same time, Standard Poor's affirmed its 'B More… |
S&P lowers Arcapita credit ratingsArcapita Bank saw its credit rating cut by Standard Poor's Ratings Services. S&P said that it has lowered its long and short-term counterparty credit ratings on the Bahrain-based investment bank to 'BB+/B' from 'BBB/A-2 More… |
Rating agency revises Arcapita outlookStandard & Poor's yesterday revised its outlook on Bahrain-based Arcapita Bank to negative from stable. At the same time, we affirmed the 'BBB/A-2' long- and short-term counterparty credit ratings on the bank, said an offic More… |