| The Tilal Fund, Oman’s first real estate investment fund has achieved a total return of 126 per cent during its 6-year tenure, an average of 21 per cent per annum. Tilal Fund was established in October 2006 with an initial capital of RO 5.54 million as the first Real Estate Investment Fund accredited by the Capital Market Authority (CMA) of Oman.
The goal of Al Madina Financial and Investment Services Co (AMFIS), the company behind the establishment of the Fund, was to contribute capital to the development of the Tilal Complex project...............................................Full Article: Source |