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Barwa Bank invests in Brazil WTC

Posted on 22 May 2012

TFI-Hines Brazil Income Real Estate Fund, a joint initiative of Barwa Bank subsidiary, The First Investor (TFI), and the US-based Hines International Real Estate Holdings, has announced its first seed acquisition by investing in the iconic World Trade Centre complex in Sao Paulo, Brazil.
Launched in March this year, the TFI-Hines Brazil Income Real Estate Fund is the first Shariah-compliant closed-end income generating fund in Brazil, offering investors substantial risk-adjusted returns through high quality, proprietary real estate investment opportunities………………………………………..Full Article: Source

 
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