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Gatehouse to acquire assets in US

Gatehouse to acquire assets in US
This deal will be in partnership with Brennan Real Estate Group in the US
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Mubasher: Gatehouse Financial Group, a subsidiary of The Securities House, announced that it plans to purchase four income-generating properties in the US.

This acquisition is on behalf of Gatehouse’s clients, with an annual return of 8.75%, as reported by Al Qabas Newspaper.

Gatehouse noted that this deal will be in partnership with Brennan Real Estate Group in the US. This deal’s portfolio is considered wholly leased for 15 years to a company listed on The New York Stock Exchange (NYSE).

The industrial real estate sector in the US witnessed an expansion in the recent period, the chairman of Gatehouse, Fahed Boodai, said, according to Al Qabas.