Financial Results
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Dubai real estate fund ENBD REIT faces 'significant pressure'; asset value falls
Dubai’s ENBD REIT, a Shariah-compliant real estate investment trust, managed by the asset-management arm of Emirates NBD, has seen a further deterioration in the value of its portfolio due to the slowdown triggered by the coronavirus. Its net asset value (NAV) as of September 30, 2020 stood at $198 million,…
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