GFH launches real estate subsidiary

Bahrain-based asset manager GFH Financial Group has launched a new business unit to manage its private equity and real estate assets.

GFH Partners is a fully-owned subsidiary and will have a primary focus on the real estate sector, in which GFH manages more than US$6 billion in assets.

More specifically, GFH Partners will focus on industrial and logistics assets, residential, student housing as well as healthcare. Geographically, the firm will focus on the UAE, UK, US and Saudi Arabia.

GFH Partners also intends to work closely with its international affiliates – Roebuck Asset Management in the UK and SQ Asset Management in the US.

The new venture will be led by Nael Mustafa, who has headed up the group’s global real estate investment strategy for the last three years.

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