Home THE DAILY EDGE Business Singapore’s ARA, Qatar’s Regency to launch Islamic REIT
Singapore’s ARA, Qatar’s Regency to launch Islamic REIT

Tags: Ara Asset Management | DBS

Written by Reuters   
Monday, 14 December 2009 12:54
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ARA Asset Management (ARAM.SI) said on Monday it plans to launch a real estate investment trust in Singapore that will comply with sharia, or Islamic, principles. 
 
The proposed REIT will hold assets such as hotels and service apartments currently owned by Qatar's Regency Group. 
 
DBS is the financial advisor for the proposed REIT.
 
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Singapore’s ARA, Qatar’s Regency to launch Islamic REIT
Monday, 14 December 2009

Last Updated on Monday, 14 December 2009 12:55