Dubai Investments is preparing to launch an $810 million (€659.1 million) real estate investment trust (Reit), pending regulatory approval. The investment firm, which is listed on the Dubai stock exchange, will provide 40% of the fund’s capital with the remainder provided by its investors.
Dubai-based real estate developer Damac has begun marketing a $400 million, five-year sukuk.
La Francaise Forum Securities (FS), the French investment manager’s real estate division, has launched what it claims is one of the first sharia-compliant real estate securities separately managed accounts.
Bahrain’s sovereign wealth fund, Mumtalakat Holding Company, has partnered with US-based Sentinel Real Estate Investment Corporation to acquire the US campus of computer manufacturer Lenovo.
Alternative investments now make up almost a quarter (23%) of all sovereign wealth funds (SWFs) asset allocations, according to a report from PwC.
After a challenging 2017, Dubai’s real estate sector is predicted to undergo a year of disruption in 2018 thanks to the introduction of VAT and the emergence of new technology, according to a report from Deloitte.
South African asset manager Vantage Capital has invested $12.5 million in the Nigerian property developer behind a major mall in Lagos.
Qatar-based investment firm QInvest has acquired a plot in Charlotte, North Carolina in partnership with a Gulf-based investor.
Saudi Arabian asset manager Al Rajhi Capital has raised the equivalent of $155 million for a closed-ended fund investing in logistics infrastructure such as warehouses in western Europe.
The Qatar Financial Centre (QFC) is relocating to a new "financial city" in the Msheireb area of Doha where it plans to bring together all licensed firms.
Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
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December 2019
ESG Report 2019