Sunday 18 August 2019

ENBD REIT wins top business excellence awards

DUBAI, April 22, 2019

ENBD REIT, a Shari’a-compliant real estate investment trust, has been named the UAE’s leading Real Estate Investment Expert at the annual Global Business Excellence Awards, organised by Wealth & Finance International.

The REIT has also been recognised as Most Innovative REIT in the UAE by International Business Magazine.

The Shari’a-compliant real estate investment trust, which is listed on Nasdaq Dubai, was recognised as Leading Real Estate Investment Expert in the UAE for 2019. ENBD REIT offers investors access to Dubai’s institutional real estate market, while generating consistent income to shareholders in the form of a semi-annual dividend.

Anthony Taylor, head of real estate at Emirates NBD Asset Management, said:  “Our recognition as leading real estate investment experts and most innovative REIT in the UAE reflects the commitment that we made to shareholders to build and operate a portfolio of assets that will generate robust income throughout market cycles.

“This has been apparent during the last 12 months, where we have experienced headwinds in the local market, while the diversity and quality of our holdings has delivered resilience in the portfolio. We remain committed to further grow and diversify our portfolio, as well as to continue to adhere to international best practice governance standards that provide a high level of assurance to investors.” – TradeArabia News Service


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