UAE – Mubasher: Gulf Islamic Investments LLC said it has acquired an office property in New Jersey, the USA, on behalf of its investors for $120 million, CNBC reported.
This transaction has brought the company’s US real estate investment portfolio to $200 million, Gulf Islamic Investments noted.
Chairman of Gulf Islamic Investments Mohammed Alnasri said that the company will maintain looking for diversified investment opportunities across a wide range of alternative assets.
In June, Gulf Islamic Investments announced the acquisition of an office building in Birmingham, the UK, for around $188 million on behalf of its investors.
