GFH Financial Group Invests in Manrre REIT

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GFH Financial Group announces a strategic investment in Manrre REIT, aiming to enhance returns through logistics and industrial assets.

GFH Financial Group Invests in Manrre REIT

Summary

GFH Financial Group has made a strategic investment in Manrre REIT, a fund specializing in logistics and industrial assets in the UAE and GCC. This move is expected to positively impact GFH's financials and increase returns.

GFH Financial Group B.S.C., a prominent financial institution in the GCC region, has announced a strategic investment in Manrre REIT, a Dubai-based fund that focuses on institutional-grade logistics and industrial assets. This strategic move is made through GFH's global asset management arm, GFH Partners Limited, headquartered in the Dubai International Financial Centre.

Manrre REIT, known for its specialization in logistics and industrial assets, holds a significant position in the UAE and the broader GCC market. The strategic investment by GFH Financial Group is anticipated to augment the Group's financial performance, providing a promising avenue for enhanced returns. This aligns with GFH's innovative approach to Islamic investment banking services, which has garnered international recognition over the years.

GFH's investment in Manrre REIT is a testament to its continued commitment to diversifying its portfolio and strengthening its foothold in the logistics and industrial sectors. The logistics and industrial asset class is increasingly becoming a focal point for investors, given the rapid growth in e-commerce and the corresponding demand for logistics infrastructure.

The expected positive impact on GFH's financials is likely to increase investor confidence and potentially attract more investments into the Group. This strategic move reflects GFH's long-term vision of leveraging opportunities in high-growth sectors and regions.

Given the positive outlook and the strategic nature of this investment, investors might consider holding onto their GFH shares. The anticipated financial benefits from this investment could lead to an appreciation in the Group's stock value, making it a potentially rewarding asset in the medium to long term.

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Source

Press release

Summary

GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has made a strategic investment in Manrre REIT. Manrre is a prominent Dubai-based fund focusing on institutional-grade logistics and industrial assets across the UAE and the GCC region. This investment is anticipated to have a positive impact on GFH Financial Group's financial statements and is expected to increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

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