 |
Jeremy Beswick, EIIB: aims for running yields of 7% |
Geographical spread has been enhanced by EIIB’s Pan-European Islamic Real Estate Fund, which was established in December, and in April announced a £58.8-million ($116.6 million) investment in commercial property. The fund is the 10th-ever Shariah-compliant fund to focus on European assets, and EIIB’s fund is the only open fund available at the moment. The €200 million to €500 million fund will focus on properties in the EU, and throughout central and eastern Europe, with only France excluded because of its particular tax laws.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
