Dubai – Mubasher: GFH Group on Monday announced that it had acquired the majority stake in a 25 million square-metre land portfolio 'Land Banks' in 2017.

The acquired portfolio is expected to yield $1.2 billion in the medium- and long-term in the GCC, India, and Africa, according to the company's statement.

The Dubai-, Kuwait-, and Bahrain-listed company stated that it was planning to take over further educational assets.