UAE Islamic financial institution expands US real estate portfolio

(United Arab Emirates)

The National has reported that Gulf Islamic Investments (GII) added New York office property to its $230 million real estate portfolio. Looking to grow their real estate portfolio further, GII is also eyeing opportunities in Paris as many companies are relocating from the UK in the aftermath of Brexit.

The article also notes that GII targets $2 billion of assets under management by the end of 2020.

Read the original article on The National: Gulf Islamic Investment buys property in New York state