ENBD REIT (CEIC) PLC (ENBDREIT)

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …