W&F Issue 10 2018

www.wealthandfinance-news.com 24 Wealth & Finance International - Issue 10 - 2018 Steady and incremental economic growth in the UAE is expected to set the stage for continued improvement in the country’s real estate market. While the sector has experienced some challenges, particularly in the office and residential market, opportunities in the alternative market- including education and retail- are proving to be a promising prospect for those wanting to capitalise on the region’s growing economy. ENBD REIT offers investors access to the institutional real estate market, harnessing years of experience and strong market projections to generate a robust income stream for their investors, as Julia explains: “ENBD REIT’s investment strategy is designed to take advantage of current and projected market conditions within the UAE.” Julia continues, emphasising ENBD REIT’s founding principles that guide their approach to real estate investment. “ENBD REIT’s objectives are achieved by adherence to four strategic pillars: prudent acquisitions, with a focus on achieving diversification and increasing unexpired lease terms across the portfolio; targeting off-market, relationship driven transactions; active asset management and value enhancement of existing portfolio; and best practice governance ensuring both capital and risk management.” Currently, ENBD REIT is looking to diversify its portfolio to better weather volatility in the market. “We are focused on achieving diversification to mitigate risk and maximise potential returns. ENBD REIT’s approach to acquisitions is to focus on high-quality properties with high occupancies across alternative, office and residential asset classes, with 4 such properties added to the portfolio in 2017. ENBD REIT is targeting an asset allocation of: (i) 50-60% of office assets; (ii) 20- 25% of residential assets; and (iii) 25-35% in the alternative real estate sector.” Finally, Julia takes a moment to discuss ENBD REIT’s future, as it looks towards further growth and diversification: “Going forward, ENBD REIT remains active in seeking out strategic acquisitions that will help to grow and diversify the portfolio. At present, the focus is on alternative assets, including education, industrial and logistics.” ENBD REIT is a Shari’a compliant real estate investment trust listed on Nasdaq Dubai, investing in income generating real estate in the UAE. In September, the firm were recognised in Wealth & Finance International’s 2018 Real Estate Excellence Awards programme for ‘Most Outstanding Real Estate Investment Services in the United Arab Emirates’. We spoke with Julia Ward Osseiran, ENBD REIT’s Investor Relations Officer, to find out more about the company’s unique approach to real estate investment. The Leader in UAE Real Estate Investment 1810WF09 Contact: Julia Ward Osseiran Company: ENBD REIT Address: 8th floor, East Wing, The Gate Building, Dubai International Financial Centre, Dubai, UAE Website: www.enbdreit.com/reit Telephone: +971 (0) 4 509 3016