GII, with over $4.5bn in assets under management, marks this investment as the second collaboration with Brookfield this year
The investment will allow CVC Capital Partners to substantially exit its GEMS stake five years after it bought into the firm
Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region
Gulf Ventures Capital is a part of GII’s strategy to expand its footprint in the MENA region and globally
This is GII’s first property development project with a global hospitality provider and its second residential investment in the UK