Wednesday 1 May 2024
 
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Real estate trust

Al Ramz appointed liquidity provider for Emirates REIT

Equitativa, the largest REIT (real estate investment trust) manager in the GCC, said it has appointed Al Ramz Capital, a leading financial services firm based in Abu Dhabi, as the liquidity provider for its shari'a-compliant Emirates REIT.

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ENBD REIT's net asset value surges to $289m

ENBD REIT (CEIC), a shari'a-compliant real estate investment trust based in the UAE, said its net asset value (NAV) for the period ended June 30, surged to Dh1.1 billion ($289 million), around $1.14 per share, following the dividend and retu

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ENBD REIT's net asset value surges to $289m

ENBD REIT (CEIC), a shari'a-compliant real estate investment trust based in the UAE, said its net asset value (NAV) for the period ended June 30, surged to Dh1.1 billion ($289 million), around $1.14 per share, following the dividend and retu

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REITs 'driving market growth in Saudi Arabia'

The real estate investment trusts are the hottest products in Saudi Arabia right now, said industry experts amid a boom in REITs listings on the kingdom’s stock exchange.   Since the Tadawul market was opened to REITs i

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Five Holdings launches $571m hospitality REIT

Dubai-based real estate development and hospitality group Five Holdings (previously known as Skai Holdings) has announced the launch of a Dh2.1-billion ($571 million) real estate investment trust (REIT). The region’s first R

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Five Holdings launches $571m hospitality REIT

Dubai-based real estate development and hospitality group Five Holdings (previously known as Skai Holdings) has announced the launch of a Dh2.1-billion ($571 million) real estate investment trust (REIT). The region’s first R

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Emirates REIT rental income up 21pc in Q1

Emirates REIT, the UAE’s first regulated shari'a-compliant real estate investment trust, has registered a 21 per cent growth in its rental income for the first quarter which soared to $12.6 million from $10.4 million last year.

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ENBD real estate trust eyes Nasdaq Dubai listing

ENBD REIT, a shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management, has announced plans to proceed with the listing of its shares on Nasdaq Dubai, the region’s international financial exchange.

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ENBD real estate trust eyes Nasdaq Dubai listing

ENBD REIT, a shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management, has announced plans to proceed with the listing of its shares on Nasdaq Dubai, the region’s international financial exchange.

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Equitativa launches UAE's first residential real estate trust

Equitativa, a UAE-based asset management firm, said it has joined hands with Ras Al Khaimah-based Al Hamra Real Estate Development and Dubai's National Bonds Corporation to launch the country's first residential real estate investment tr

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