neo capital announces $73m JV purchase of property in US
DUBAI, 8 hours, 44 minutes
ago
Dubai-based neo capital, a leading asset management company, has strengthened its global asset portfolio in the US with the joint-venture acquisition of Harbor Landing, a five-storey, 95% leased Class A multi-family asset in Stamford, Connecticut.
The latest acquisition, secured in partnership with Monday Properties for $73 million, provides investors in the UAE and Gulf region with a chance to diversify their investment portfolios in a highly resilient growth market. It follows major neo capital acquisitions in Arlington Virginia and the Netherlands in 2020, and further underscores the company’s strategic trans-Atlantic asset portfolio.