Hedge Funds & Alternative Investments
Property & Real Estate
Regulation, Risk & Compliance
Uncategorized
Al Mal Capital's REIT raises $95.3mln in IPO ahead of Dubai listing
Asset management firm Al Mal Capital has raised 350 million dirhams ($95.29 million) from the initial public offering (IPO) of its property fund. The subsidiary of Dubai Investments had earlier floated its newly founded real estate investment trust (REIT) on the Dubai Financial Market (DFM). The proceeds were meant to…
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