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Eiffel Management acquires DIB stake in Emirates REIT Management

Emirates REIT has developed a solid portfolio of strong income producing assets, valued at over Dh2.2b

Gulf News

Dubai: Emirates REIT said on Sunday that Eiffel Management has acquired Dubai Islamic Bank’s 25 per cent stake in Emirates REIT Management.

The transaction means Eiffel Management Limited now owns 100 per cent of the REIT Manager’s total issued share capital, it said in a statement, without disclosing the value of the deal.

Emirates REIT has developed a solid portfolio of strong income producing assets, valued at over Dh2.2 billion.

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