Tuesday, January 02, 2007

LA FIRM EARMARKS $1bn FOR LONDON (FT.com, 19 April 2005)

“A family-run property group from Los Angeles is to set up a London office from which it aims to buy $1bn worth of UK buildings. Bentley Forbes, run by chairman Fred Wehba and his four sons, is already a well-established participant in the US market, where it owns $2bn-worth of office and industrial assets…… it is in the middle of a $400m sell-off of US assets to build up the firepower to enter the UK market.”

Fred Wehba Source

1:00 PM