The First Investor acquires another German asset - The Peninsula Qatar

The First Investor acquires another German asset - The Peninsula Qatar:

"The First Investor (TFI) Qatar, a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm, lands on another acquisition of a prestigious new office building in one of the most vibrant business areas in Frankfurt. The asset is another unique blend to TFI Euro Income Fund (“The Fund”), which was launched in 2017 with sharia compliant stature. The diversity of the Euro Fund’s assets (Germany and France) will provide investors with sustainable high-yield and potential capital growth at maturity of the Fund. The new property is a stand-alone office building situated in Neu-isenburg in Frankfurt’s Main District, a freehold asset occupied by high-grade tenants on long lease basis. ‘Building on its strategic joint venture with INOVALIS REIT, a listed real estate fund, the First Investor is pleased to bring to bear an alliance based on focus and determination to maintain our prime position in Qatar as the leading Islamic investment company’, said Houssam Kharbotli TFI CEO."



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