Adib launches US property investment solution
Abu Dhabi, April 23, 2012
Adib Private Bank, a unit of Abu Dhabi Islamic Bank (Adib), recently launched a diversified US real estate investment portfolio with Investcorp, one of largest investors in the US real estate market, as the investment manager.
The product was launched during the second edition of Adib Private Bank’s Wealth Management Seminar series. Two seminars were organized, one in Abu Dhabi and the other in Dubai, themed ‘Real Estate as a Yield Enhancement Strategy.”
The wealth management seminars were attended by Adib Private Bank and Priority Banking customers. Executives from the Private Bank group introduced customers to yield enhancement strategies via real estate.
They were briefed on how to take advantage of income producing assets in countries rapidly recovering from the global economic recession. – TradeArabia News Service