Al Mal launches real estate fund

DUBAI — Al Mal Capital yesterday announced the introduction of the Al Mal Real Estate Fund.

By A Staff Reporter

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Published: Wed 31 May 2006, 10:59 AM

Last updated: Sat 4 Apr 2015, 1:16 PM

The fund will be a closed-end vehicle, targeting investment in UAE and regional real estate, with a flexible mandate to look across sectors for value-oriented opportunities over a five year time frame. The fund will be capped at a committed size of Dh200 million, with funds to be drawn from investors over the first 12 to 18 months.

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