QInvest, a leading investment bank in Qatar, said it had closed real estate transactions worth $1.8 billion in 2014 amid a renewed investor interest in the GCC property market.
One of the most prominent Islamic financial institutions in the world, Qinvest said the transactions were in both the advisory and real estate principal investments area.
The notable deals included two high-profile real estate transactions in Manhattan, New York City – a retail podium in the olden Triangle of Manhattan and a mixed use development in downtown Manhattan.
“The real estate market continues to be a strategic priority for QInvest. We are committed to providing effective financing solutions for real estate transactions in the GCC as well as in gateway markets, such as Continental Europe, London and the US,” remarked Craig Cowie, the head of principal investment and real estate investment & advisory at QInvest.
He was speaking at a session titled Doing Business on the Ground – Too Hot to Touch at the SuperReturn Middle East conference which opened in Dubai on Monday (October 20).
More than 400 delegates, representing over 25 countries, are taking part in the event which offers the participants a golden opportunity to connect with investors looking to tap the rapidly growing GCC real estate market.
Addressing the gathering, Cowie highlighted the most compelling investment opportunities in the GCC region’s real estate market.
QInvest acts as both principal and an arranger in the acquisition of controlling and non-controlling interests in direct real estate, with typical equity or mezzanine investments in the range of $20 and $100 million.
QInvest’s real estate team provides solutions for prime real estate transactions in the GCC, Europe, London, South East Asia and the US.