Dubai Investment Group (DIG) has appointed private equity firm Silverpeak Real Estate Partners to manage its U.S. and German real estate portfolio, the acting chief executive of the group said on Friday.
DIG is the real estate and asset management arm of Dubai Group, which is part of Dubai Holding, the investment holding company owned by Dubai's ruler, Sheikh Mohammed bin Rashid Al Maktoum.
"Dubai Investment Group, a subsidiary of Dubai Group, has engaged Silverpeak Real Estate Partners to manage its U.S. & German commercial real estate portfolio," said CEO Fadel Al Ali said in a statement.
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