Financial Times FT.com

Saudi fund eyes $1bn UK real estate deal

By Patrick Jenkins in London

Published: July 5 2009 23:32 | Last updated: July 5 2009 23:32

An investment manager part-owned by the Saudi royal family is planning to invest a chunk of its assets in UK and US commercial property, according to Prince Faisal bin Salman bin Abdulaziz, its chairman.

For Jadwa Investment, commercial real estate was, with natural resources, the most appealing investment opportunity, Prince Faisal told the Financial Times in an interview.

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