VOL. XLV

No 25

24-June-2002

BAHRAIN

Bahrain痴 Investcorp Buys Share InChicago High Rise

Bahrain痴 Investcorp announced on11 June that it had bought a 70% stake in a high rise office property in downtownChicago for more than $180mn. The 32-storey 1mn square footbuilding (96,283 square meters) was bought in partnership with ParkwayProperties Inc, a real estate investment trust. This is the fifth officeproperty, including purchase of two New York City offices, that Investcorp has bought this year. The...