Kuwait’s Kamco Invest acquires California property at $286mln – ZAWYA

Kuwait’s Kamco Invest acquires California property at $286mln – ZAWYA

Kamco Invest, an active asset management and investment banking firm, is ranked as the fifth-largest asset manager in the GCC region, with a portfolio of assets under management (AUM) of around $13.7 billion, with various asset classes and jurisdictions.. ServiceNow is a leader in cloud computing and IT service management business solutions and is listed on New York Stock Exchange with a market capitalisation exceeding $50 billion.. The office campus is fully leased to ServiceNow and is expected to generate an average annual cash yield of 7.8 percent.. The properties generate an average annual cash yield of 7.8 percent.".