Date
18/01/2021
H.E. Essa Kazim: “Significant milestone that reinforces DFM’s diversification strategy, providing investors with new products and investment opportunities”
Khalid Bin Kalban: “Through the listing, we aim to deliver on our high aspirations and strategic priorities of driving long-term value and growth to our stakeholders”
Dubai Financial Market (DFM) today hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT, (trading symbol: AMCREIT). The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.
DFM kicks off REIT trading with Al Mal Capital unit listing
DUBAI, January 18, 2021 Dubai Financial Market (DFM) on Monday (January 18) hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT. The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors. Khalid bin Kalban, the Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of senior DFM officials including Chairman Essa Kazim and CEO Hassan Al Serkal in addition to Al Mal Capital Vice Chairman and CEO Naser Al Nabulsi and Nasdaq Dubai CEO and DFM Deputy CEO Hamed Ali.
NorthWest Healthcare Properties could be a safer way to invest in real estate than buying a house right now, as the housing crash may finally happen this year.
Dubai Financial Market (DFM) on Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.