*Source: Emirates NBD AM, A Share Class, bid to bid, USD terms with net income reinvested including capital distribution
| 12 month return | 4.80% |
| 24 month return | 13.06% |
| 36 month return | 29.65% |
| 48 month return | 44.59% |
| 60 month return | 57.46% |
| Since Inception | 32.11% |
*Source: Emirates NBD AM, Emirates Real Estate Fund A Share Class, bid to bid, USD terms with net income reinvested including capital distribution, as at 30th September 2016.
The trading hours of the exchange are 10am to 2pm Dubai time (6am to 10am GMT) Sunday to Thursday. Please click here for more information, or for specific information on REITs, please click on Trading REITs on NASDAQ Dubai
ENBD REIT is listed on Nasdaq Dubai, under ticker symbol ENBDREIT. For more information, contact Investor Relations, Emirates NBD Securities, or your preferred broker.
Emirates NBD Asset Management Limited has been appointed as the Fund Manager of ENBD REIT. Emirates NBD Asset Management is established in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority as a Category II Firm and is the wholly owned asset management business of Emirates NBD Bank, one of the largest banks by assets in the MENA region. Emirates NBD Asset Management provides a full range of investment solutions, from in-house managed public funds to tailor-made discretionary solutions. It manages funds across asset classes, including MENA equity and global fixed income funds, global risk profiled funds, UAE real estate, and a complete range of Shari'a compliant instruments, structured to cater for diverse risk appetites.
The funds managed by Emirates NBD Asset Management are domiciled in either Jersey (regulated by the Jersey Financial Services Commission), Luxembourg (regulated by the Commission de Surveillance du Secteur Financier) and in Cayman Islands (regulated by the Cayman Islands Monetary Authority). For further details, please click here
Emirates NBD Asset Management offer the following products and solutions:
Emirates NBD Asset Management manages a range of Jersey, Luxembourg and Cayman based funds across a broad range of asset classes and geographies, including traditional cash management, equity, fixed income, real estate and alternative strategies, with both conventional and Shari'a compliant options available.
All transactions are approved by ENBD REIT’s Investment Committee, the members of which are 100% independent of Emirates NBD. Therefore, any transactions concluded between Emirates NBD and ENBD REIT will be considered entirely on the merits of the particular transaction and at arm’s length. Furthermore, as part of the due diligence process for transactions, an independent third party valuation is required to confirm the price is at market value. DFSA regulations require shareholders’ approval if the related party transaction is more than 5% of the REIT.
Additionally, any transaction agreed between ENBD REIT and Emirates NBD would be deemed a related party transaction under the DFSA regulations, therefore would also require approval from the Oversight Committee which comprises three independent members.
