UAE’s Gulf Islamic Investments sells Amity School complex for $50 million

GII, a UAE-based global alternative investment company with over $4 billion of assets under management, managed the Amity School for six years. This latest exit achieved a return on investment of 66 per cent and follows the sale of an office complex in the Celtic Springs Business Park near Newport, South Wales (UK) earlier this year.

GII’s total investor distributions exceed $600 million, with an exit pipeline of $250 million.

GII’s divestment programme, with several more exits scheduled for Q4 2023, aims to fulfil its asset management objectives, said the company.

GII's portfolio includes the Noon Daily warehouse in Dubai, the Lewis Building in Birmingham's Central Business District, and the Amazon Fullfillment Centre in Dortmund, Germany.