Thu, 2019-11-14 05:01
Sidra Capital, a GCC-based Shariah-compliant asset manager, has completed its second US industrial real estate acquisition with a deal worth $206 million. The portfolio comprises 30 fully occupied single tenant net-leased assets spread across 15 key states.
The portfolio benefits from a roster of strong mid-market and large companies, which have occupied their respective assets for an average of 27 years. With a weighted average unexpired lease in excess of 13 years, the portfolio is expected to deliver strong and stable cash yield for the investment hold period.
Main category:
from ArabNews https://ift.tt/2QgEWqM
via Latest News of Dubai
0 Comments