Mon, Dec 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, New Launches, Property, Projects, Infrastructure more

Mayfair opens UAE ‘distress’ property fund

Posted on 05 August 2009

From Gulf-times.com: A Cayman Islands-based wealth management firm has launched a $50mn Shariah-compliant distressed property fund in the UAE to tap into the country’s suffering real estate sector.
Mayfair Wealth Management expects the fund to deliver an annual return of 12-15% by way of leasing and rental income, the firm said in a statement yesterday………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031