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 Press Dossier    By Date   31/08/2021 Gulf Islamic Investments, Capital Bay in 500m euro real estate deal

Arab News, Tuesday, Aug 31, 2021 | Muharram 23, 1443

Gulf Islamic Investments, Capital Bay in 500m euro real estate deal

Saudi Arabia: Gulf Islamic Investments went into a joint-venture agreement with Germany-based Capital Bay to launch a EUR 500 Million senior living real estate investment platform in Europe, the companies said in a statement on Monday. 

The Luxembourg-regulated platform will launch in September 2021 and marks GII's first Europe-focused Shari’ah compliant platform for real estate investments, targeting senior living properties in Germany and Europe.
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