ENBD REIT (CEIC) PLC News - Mubasher Info
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28 January 11:33 PM

ENBD REIT (CEIC) PLC (ENBDREIT)

Last update: 27 January 04:00 AM market time.
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0.40%
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Stock Statistics
Volume 12,800
Turnover 6,400.00
All data are 15 minutes late during market session

News

Lower NAV is attributed to continued valuation pressures
24 August 2021 09:36 AM ENBD REIT's net asset value hits $174m in Q1
Dubai - Mubasher: The net asset value (NAV) of ENBD REIT amounted to $174 million during the first quarter (Q1) ended 30 June 2021, down 1% from $180 million in the earlier quarter. Lower NAV is attributed to continued valuation pressures …
Real estate
ENBD REIT’s board has recommended a final dividend of $4.4 million
6 June 2021 10:41 AM ENBD REIT records 17% YoY lower net asset value; dividends proposed
UAE – Mubasher: ENBD REIT recorded a net asset value (NAV) of $180 million or $0.72 per share for the full year ended 31 March 2021, down 17% year-on-year (YoY). The company's total value of the property portfolio decreased by 12% YoY to $360 …
Financial Results
The company's board has received and accepted a Letter of Intent
30 May 2021 03:45 PM ENBD REIT plans to dispose real estate asset in Dubai Silicon Oasis
Dubai – Mubasher: The Nasdaq-listed ENBD REIT is considering divesting a real estate asset in Dubai Silicon Oasis, which represents around 6% of its overall portfolio by value. The company's board has received and accepted a Letter of Intent in …
Real estate
The REIT has maintained stable cash flows
27 August 2020 11:54 AM ENBD REIT's NAV declines to $215m in Q1
UAE – Mubasher: The net asset value (NAV) of ENBD REIT (CEIC) Plc, the Shari'a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, decreased to $215 million during the first quarter (Q1) ended on 30 June 2020 …
Financial Results
The relief initiative will offer rent-free periods
20 May 2020 11:33 AM ENBD REIT announces rent relief initiative
UAE - Mubasher: ENBD REIT has launched a rent relief initiative for tenants who are economically affected by the coronavirus (COVID-19) pandemic. The relief initiative will provide the tenants with rent-free periods and postponement of cheques …
Management Decisions
The programme was implemented through Shuaa Securities LLC
11 September 2019 11:13 AM ENBD Reit completes share buy-back programme on Nasdaq Dubai
UAE – Mubasher: ENBD Reit (CEIC) Plc, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, on Wednesday announced the completion of its share buy-back programme. The programme was implemented through …
Insider Trading & Treasury Stocks
19 March 2019 01:04 PM ENBD REIT buys back 25,000 shares
Dubai – Mubasher: ENBD REIT (CEIC), a sharia-compliant real estate investment trust managed by Emirates NBD Asset Management, announced that it has purchased 25,000 shares as part of its buy-back programme. The step comes along with ENBD REIT’s …
Companies Investments
The fund has allocated around $3.5 million for the programme
19 February 2019 02:43 PM ENBD REIT to buy back 4.4m shares; to cancel later
Dubai – Mubasher: ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, on Tuesday announced it will repurchase up to 4.4 million shares from the market as part of its share buyback …
Macroeconomics
The portfolio comprises diverse holdings totalling 11 properties across office
29 January 2019 11:00 AM ENBD REIT’s NAV hits $284m in Q3
Dubai – Mubasher: ENBD REIT’s (CEIC) net asset value (NAV) recorded $284 million, or $1.11 per share, in the third quarter of 2018. The property portfolio value of the Sharia-compliant real estate investment trust managed by Emirates NBD Asset …
Financial Results
ENBD REIT is managed by Emirates NBD Asset Management
28 January 2019 00:00 PM ENBD REIT to cut share capital
Dubai – Mubasher: ENBD REIT (CEIC) PLC, formerly known as Emirates Real Estate Fund Limited, announced plans to reduce its share capital. ENBD REIT, which is managed by Emirates NBD Asset Management, is seeking the confirmation of the court …
Management Decisions
Generally, the real estate sector outlook is neutral after the trends we have seen in 2018.
25 November 2018 05:21 PM Dubai property sector attractive; new laws to bolster investments – ENBD REIT interview
By: Mahmoud Gamal Dubai – Mubasher: The real estate sector in the UAE in general and Dubai, in particular, has suffered some challenges lately, however, this has not made the sector any less attractive to foreign and local investors alike, …
Macroeconomics
ENBD REIT's facility will be in two tranches
15 November 2018 01:02 PM ENBD REIT raises $75m Islamic financing to boost portfolio diversification
Dubai —  Mubasher: ENBD REIT has secured a total of $75 million (AED 275 million) murabaha finance facility with Standard Chartered Bank for a three-year period with a possibility to increase the facility to $100 million, according to a recent …
Companies Investments
The fund’s total property portfolio value amounted to AED 1.7 billion
17 July 2018 00:09 PM ENBD REIT’s NAV stands at AED 1.1bn in Q1
Dubai - Mubasher: ENBD REIT’s (CEIC) net asset value (NAV) recorded AED 1.1 billion ($289 million) in the first quarter of the fiscal year 2018/2019. The fund’s total property portfolio value amounted to AED 1.7 billion including 11 properties, …
Financial Results
Bin Hendi during the celebration of ENBD REIT's 1 year anniversary on Nasdaq Dubai
29 June 2018 05:43 PM ENBD REIT seeks acquisitions in Dubai, Abu Dhabi – Chairman
By: Mahmoud Gamal Abu Dhabi – Mubasher: ENBD REIT is planning to invest more in alternative assets and to seek more acquisitions in Dubai, Abu Dhabi, and other emirates, the trust’s chairman Tariq Bin Hendi told Mubasher.  Bin Hendi added that …
Companies Investments
ENBD REIT eyes wider portfolio footprint in UAE, plans more green initiatives
7 June 2018 00:28 PM ENBD REIT eyes wider portfolio footprint in UAE, plans more green initiatives – Interview
By: Nada Adel Sobhi Dubai – Mubasher: ENBD REIT, the real estate investment fund managed by Emirates NBD Asset Management, recently revealed that its net asset value (NAV) for the full year 2017 had reached AED 1.1 billion ($300 million). Publicly …
Banking and Finance
The trust’s total loans registered AED 617 million last year
13 May 2018 11:37 AM ENBD REIT’s NAV hits AED 1.1bn in 12M
Dubai - Mubasher: ENBD REIT (CEIC), the Sharia-compliant real estate investment trust managed by Emirates NBD Asset Management, has reported a net asset value (NAV) of AED 1.1 billion ($300 million) in the fiscal year ended 31 March 2018. The …
Financial Results
ENBD REIT acquired four new assets in 2017
26 March 2018 00:17 PM ENBD REIT assets hit AED 1.1bn by 2017 end
Dubai - Mubasher: ENBD REIT, a Sharia-compliant real estate investment trust managed by Emirates NBD Asset Management, on Monday celebrated its One Year Anniversary for its listing on the Nasdaq Dubai exchange, highlighting a surge in its net …
Mergers and Acquisitions
Press Conference held on the sideline of listing ENBD REIT's shares (Photo Credit: Mubasher)
23 March 2017 07:06 PM ENBD REIT seeks to raise property assets to $1bn – CEO
By: Amr Adel Dubai – Decypha: ENBD REIT targets to increase the volume of its real estate assets from $400 million to $1 billion in the coming four years, CEO Tariq Bin Hendi told Decypha. The company allocated $180 million to finance acquisitions …
Companies Investments
ENBD REIT’s market capitalisation at admission totalled $282.4 million (Photo Credit: Arabianeye-Reuters)
23 March 2017 11:52 AM EFG Hermes finalises advisory on ENBD REIT’s $105m IPO
Mubasher: EFG Hermes concluded its advisory on ENBD REIT’s $105 million initial public offering (IPO) on Nasdaq Dubai, according to a statement. Trading began on a total of 254.4 million shares, including the 94.59 million issued in the IPO that …
Companies Investments
Emirates NBD - (Photo Credit: Arabianeye-Reuters)
21 March 2017 06:39 PM ENBD REIT announces offer price of $1.11/shr
Dubai - Mubasher: ENBD REIT, a Sharia-compliant real estate investment trust managed by Emirates NBD Asset Management, has set the price for the intended offer of its ordinary shares at $1.11 per ordinary share. This comes following strong demand …
Corporate Actions