Hedge Funds & Alternative Investments
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ENBD Reit posts $215mln in Q1 NAV
ENBD Reit, the Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, said that its net asset value (NAV) for the first quarter stood at $215 million, compared to $230 million for the previous quarter. The company attributed the decline in NAV to pressure on portfolio valuations, mainly…
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