UAE: The Shariah compliant real estate investment trust managed by Emirates NBD Asset Management recorded a net asset value (NAV) of US$216 million at the end of Q3 2024 on the 31st December 2024 – due to the office portfolio benefiting from robust tenant demand and a 5.3% annual reduction in financing costs. This ENBD REIT’s performance was a 6.9% rise quarter-on-quarter compared US$202 million as at the end of H1 2024 and 13.1% higher than the US$191 million year-on-year.
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