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germanbites

NEW INVESTMENT

SOUNDS OF BERLIN In their very first concert outside of Europe, German rock band Treptow are set to present their energetic songs in their native language and bring the sound of Berlin to the Kingdom in collaboration with the German Embassy. The band was founded in 2015 and specialises in pop, rock and alternative/independent music. They released their self-produced debut album in mid-September 2017, which landed directly into the iTunes charts. Their three single releases earned them remarkable success with radio stations such as RadioEINS, RBB Fritz, RBB radioBERLIN, NDR 2, 91.7 XFM, MDR Jump, SR 3, HR 3 and more. They have played over 150 concerts in Germany, Austria and Switzerland, and have accompanied artists such as Nena, Silly, Jesper Munk, Haudegen and many more. The band specialise in electric guitars, drums and German vocals in addition to incorporating dance into their performances, so, their October 23 performance at the Cultural Hall promises to be a night to remember and it’s free. 46 October 2019

Bahrain-based Investcorp has grown its European real estate assets to more than USD500 million with the purchase of the Airport Centre, a multi-let office and light industrial property found close to the international airport in Hamburg. A leading global provider and manager of alternative investment products, this is Investcorp’s fourth real estate investment in Germany in the last 12 months. The property currently houses 32 tenants across a diverse set of sectors and has demonstrated a strong occupational history since construction. The purchase of Airport Centre

closely follows the acquisitions of office buildings located in Stuttgart, Eschborn and Niederrad, bringing Investcorp’s total AUM in Germany to approximately USD355 million. Neil Hasson, Managing Director Head of Investcorp European Real Estate, said: “We are delighted to announce the purchase of Airport Centre in Hamburg. This acquisition is an important milestone as we continue to execute our strategic vision to expand our presence in Europe and grow our AUM. We believe that the German office market has good fundamentals and we expect that our portfolios will exhibit a good return profile for our investors.”

FLYING THE FLAG German logistics giant DHL has renewed its commitment to the Kingdom with the extension of its lease at Bahrain International Airport, which is its regional hub. Earlier this year the company also welcomed the first of 14 new Boeing 777 freighters which made its first commercial flight – from its home base at Cincinnati to Bahrain. At the time, John Pearson, CEO of DHL Express, told aircargonews.com: “This efficient, long-range and high-capacity freighter will enable us to serve even more markets with non-stop flights and significantly contributes to greater sustainability in line with our ‘zero emission by 2050’ sustainability strategy.” With a payload capability of 112 tons and a range of 9,200km, the B777F has the largest capacity and range of all twin-engine freight aeroplanes. It is also more fuel efficient and reliable than older models, reducing CO2 emissions by 18 per cent compared with the aircraft being replaced. www.bahrainthismonth.com

Profile for Red House Marketing

Bahrain This Month - October 2019  

Vol.23 - Issue 10 - Your guide to a great way of life

Bahrain This Month - October 2019  

Vol.23 - Issue 10 - Your guide to a great way of life