BAHRAIN: Esterad Bank is rolling out investment opportunities in real estate and other commercial assets to high-net-worth private clients and institutional investors across the GCC countries.
Acting CEO Ahmed Abdulrahman said: “Soon, we expect to close and announce several strategic transactions, valued at approximately US$130 million.”
Ahmed said the assets on offer will include investments in the undervalued US real estate sector, the growing GCC food and beverage sector and high-yielding secured mezzanine financing in the UK.
The bank just completed the Shariah compliant US$10 million Amwaj Mezzanine Program of Murabahah financing for the final stages of luxury townhouses and apartments at the Amwaj Beachfront Project.
