Tuesday 19 June 2018
 
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Emirates REIT

Equitativa registers solid Q1 income growth

Equitativa, the largest REIT (real estate investment trust) manager in the GCC, said its property operating income for the first quarter hit Dh48.6 million ($13.2 million), up 23 per cent over last year, thus reflecting its active management and

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Equitativa acquires French school in Dubai

Equitativa, the largest REIT (real estate investment trust) manager in the GCC, has signed a buy and lease-back agreement with French school group Lycée Français Jean Mermoz in a bid to boost its REIT’s education sector portf

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Equitativa acquires French school in Dubai

Equitativa, the largest REIT (real estate investment trust) manager in the GCC, has signed a buy and lease-back agreement with French school group Lycée Français Jean Mermoz in a bid to boost its REIT’s education sector portf

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Emirates REIT wins nod for debut dollar sukuk

Emirates REIT,  the UAE's first regulated shari'a-compliant real estate investment trust (REIT), has won approval from its shareholders for issuing its first US dollar-denominated sukuk (Islamic bond). The sukuk trans

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Emirates REIT to acquire European Business Centre for $35.4m

Emirates REIT (CEIC), the world’s largest Shari’a-compliant real estate investment trust has signed a deal to acquire the European Business Centre (EBC) in Dubai Investments Park (DIP), for Dh130 million ($35.4 million).

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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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Emirates REIT posts strong rental growth in 2016

Emirates REIT, the UAE’s first regulated sharia compliant real estate investment trust listed on Nasdaq Dubai and managed by Equitativa, has reported a rental income of $45.3 million for 2016, up 23 per cent over the previous year.

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Emirates REIT signs two leases at Dubai tower

Emirates REIT, a regulated Sharia-compliant real estate investment trust, has signed two leases at the Index Tower, which is located within the Dubai International Financial Centre (DIFC). Both leases have a five-year tenure and h

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Emirates REIT H1 profit edges up to $35m

Emirates REIT, the UAE’s first regulated sharia-compliant real estate investment trust, has posted net profit of $35.11 million in the first half (H1) of the year, marking a 2.8 per cent rise in the figures of H1 2014. Net p

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Emirates REIT to join global market index

Emirates REIT, the UAE’s first regulated Shari’a-compliant real estate investment trust incorporated in the Dubai International Financial Centre (DIFC), has been selected to join the FTSE EPRA/NAREIT Global Emerging Index.

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