In early August the Oman Investment Fund, the investment arm of the sultanate of Oman, acquired 50% partnership in Jurys Inns.
Jurrys Inns had been acquired by Quinlan Private, the international private real estate group back in 2007 and since the acquisition, Quinlan Private has expanded the group significantly opening new locations. The recent acquisition by Oman Investment Fund, gives it an equal representation on the Board of Jurrys Inns as Quinlan Private.
State investment funds such as the Oman Investment Fund, are actively seeking international investment opportunities and seek financially attractive deals where the investment can yield superior long-term returns.
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