Tuesday, 02 January 2024 12:17 GMT

Emirates REIT Explores Refinancing Options For Sukuk Before 2024'S End


(MENAFN- The Arabian Post) Emirates REIT, the first Sharia-compliant real estate investment trust in the UAE, is moving toward significant financial restructuring as it evaluates refinancing or issuing new sukuk by the close of 2024. This development comes amidst the company's strategy to optimize its capital structure and strengthen its financial position. The REIT currently has a $380 million secured sukuk, which has been a focus of its ongoing efforts to [...]">

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The Arabian Post

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