NCB Capital launches Pan European Real Estate Fund
Jeddah - Arab Today
NCB Capital has partnered with Fidelity International, a leading global asset manager, to invest in commercial properties, including office, retail, logistics/industrial and mixed use, located in key European property markets including France, Germany, Benelux and the United Kingdom. Favorable currency conversion rates, robust legal and regulatory environments, coupled with consistent growth expectations of the core European economies make this an opportune time to invest in a solid real estate market.
“NCB Capital is dedicated to creating a robust set of domestic and INTERNATIONAL INVESTMENT solutions to meet the needs of its clients,” said Sarah Jammaz Al-Suhaimi, NCB Capital’s CEO. “With the Euro and the British Pound below their long-term averages, the impact of Brexit on real estate capital values in the UK and the positive sentiment in the Eurozone, these conditions create a good entry point for our clients to diversify into the European real estate market.”
Source: Arab News
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