Al Mal Capital’s Real Estate Investment Trust (REIT) which successfully completed its Initial Public Offering (IPO) last year has been officially listed on the Dubai Financial Market (DFM). This is a significant milestone since it provides the investors with new products and investment opportunities by reinforcing the bourse’s diversification strategy, assures Essa Kazim, Chairman of DFM. “REIT’s global presence reflects the magnitude, quality and expansion of real estate sector in Dubai and will encourage more number of listings of REITs”, he elaborated.
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