Contact Us
عربي
ENBD REIT MENU
  • Home
  • Portfolio
  • Investor Relations
  • Media
  • About Us
  • Contact Us
  • عربي

 

ENBD REIT
A UAE-based Real Estate Investment Trust

With its management in Dubai, ENBD REIT is a Shari'a compliant, real estate investment trust investing in income generating real estate, with a primary focus on the UAE. ENBD REIT's ordinary shares are traded on Nasdaq Dubai, under ticker symbol ENBD REIT.

About ENBD REIT

 

 

 

 

 

 

 

 

 

 

 
Contact Us
  • Home
  • Portfolio
  • Investor Relations
  • Media
  • About Us

An attractive portfolio of high yielding assets

ENBD REIT's holdings are diversified across sectors, spanning office, residential and alternative asset classes.

Souq Extra Retail Centre, Dubai Real Estate Investment Trust

Souq Extra Retail Centre

Phase 1 is a well situated community retail centre in Dubai Silicon Oasis, with 42 retail tenants including Carrefour Market, KFC, McDonalds and Starbucks.

Gross Yield 8.9%

Occupancy rate 97%

% of portfolio value 6%

Type Alternative

Location DUBAI SILICON OASIS

As at 30th June 2019.

The Edge, REIT Dubai

The Edge

A G+6-storey office tower, located in a prime location in Dubai Internet City with prominent frontage and Grade A tenants.

Gross Yield 7.2%

Occupancy rate 100%

% of portfolio value 18%

Type Office

Location DUBAI INTERNET CITY

As at 30th June 2019.

South View School, REIT UAE

South View School

Mid-market British curriculum school located in Dubailand within Remraam, a prominent middle-income community at the Hessa Street / Emirates Road (E611) intersection.

Gross Yield 6.4%

Occupancy rate 100%

% of portfolio value 5%

Type Alternative

Location DUBAILAND

As at 30th June 2019.

See all assets & map

 

Where are REIT's positioned in the investment spectrum?

In Nasdaq Dubai's recent series of films looking at the REIT asset class, Anthony Taylor - Head of Real Estate at Emirates NBD Asset Management - discusses where a REIT sits on the investment spectrum, and the opportunities they present to investors.

 

 

 

Good quality properties
with high occupancy rates

ENBD REIT's principal investment objective is to generate income returns, complimented by capital appreciation from real estate assets. Before re-domiciling to the DIFC, Emirates Real Estate Fund, the predecessor to ENBD REIT, had since inception in 2005 provided investors with a regular and stable source of income by way of annual dividends (with limited exceptions) and long-term capital appreciation in net asset value per share.

Fund Performance

No. of properties
11

 

Occupancy
82%

 

Office
64%

 

Residential
18%

 

Alternative
18%

 

NAV**
USD 255m

NAV per share
USD 1.02

WAULT
3.56 yrs
Office: 1.95 yrs
Residential: 0.74 yrs
Alternative: 11.82 yrs

Loan-to-Value*
41%

Property Portfolio Value
USD 437m

 

* Loan-to-value on GAV
** NAV stated ex-dividend
As at 30th June 2019

 

Latest Updates

Stay up-to-date on our news and announcements

Press Releases
In the News
Updates

Notice of Intention to Restructure and Review Strategy

08.12.2019

Know more

ENBD REIT announces H1 NAV of USD 1.02 per share

27.11.2019

Know more

ENBD REIT Completes Share Buy-Back Programme

11.09.2019

Know more

ENBD REIT announces Q1 NAV of USD 255 million; active leasing strategy protects occupancy

01.08.2019

Know more

See all Press Releases

Property funds target UAE industrial assets before they turn pricey

Gulf News

Resilient outlook for UAE real estate


Know more

ENBD REIT eyes wider portfolio footprint in UAE plans more green Initiatives Interview

Khaleej Times

Property management startups making their disruption felt


Know more

ENBD REIT eyes wider portfolio footprint in UAE plans more green Initiatives Interview

The National

Rent to own gains popularity in UAE as developers entice buyers


Know more

ENBD REIT eyes wider portfolio footprint in UAE plans more green Initiatives Interview

Gulf News

Dubai's property data needs streamlining


Know more

See all In the News

Dubai has issued its first 'partial' title

Dubai has issued its first 'partial' title deeds to investors in a serviced hotel apartment project.


Know more

In October 2019, the UAE Central Bank made two major changes to mortgages in the UAE

In October 2019, the UAE Central Bank made two major changes to mortgages in the UAE


Know more

Emaar Q3 profit up 20% as company looks to Dh25bn project

Entrepreneur plans new app to revolutionise Dubai property rental sector


Know more

Ithra Dubai's One Za'abel project and update on 'The Link'

Property Monitor’s "dynamic" index to track Dubai property trends


Know more

See all Updates

 

 

 

Get in touch
Submit your enquiry here

 

Click here to Contact Us

 

Find this interesting?

Share it with your network using the below social media channels

Share on Facebook
Share on Linkedin
Share on Twitter
Share on WhatsApp
  • Share on Facebook
  • Share on Linkedin
  • Share on Twitter
  • About Us
  • Portfolio
  • Investor Relations
  • Media
  • Contact Us
  • عربي
  • About Us
  • Values
  • Facts & Figures
  • Governance
  • Management
  • Emirates NBD
    Asset Management
  • Portfolio
  • Vision & Strategy
  • Assets
  • Downloads & Publications
  • Investor Relations
  • Fund Performance
  • Downloads & Publications
  • Media
  • Press Releases
  • Downloads & Publications
  • FAQs
  • Contact Us

Emirates NBD Asset Management


Disclaimer
Copyright © 2019 Emirates NBD Bank PJSC. All Rights Reserved