UAE’s Investment Fund Emirates Reit Sees Gains on Rental Income in Q1
Wednesday, 10th May 2017
The UAE’s first real estate investment fund Emirates Reit is securing a 21% increase in rental income during the first quarter of 2017 from one year ago to a total USD12.6 mn (AED 46.28 mn), helped by demand for space at the Index Tower and two of its school assets, Gulf News reports.
Emirates Real Estate Fund Records Increase in Portfolio Value and Rental Income
Monday, 31st October 2016
UAE-based Shari'a compliant real estate investment trust Emirates REIT recorded a 13% year-on-year increase in its portfolio value as well as an increase in rental income by 19.7% in the third quarter of 2016.
Emirates Reit Records Rise in Rental Income
Wednesday, 17th August 2016
Emirates Reit’s Dubai offices, shops, and schools recorded a 25% increase in rental income during the second quarter as occupancy levels increased, despite a notable overall decline in the commercial property market.