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- GII’s divestment programme, with several more exits scheduled for Q4 2023, aims to fulfil its asset management objectives.
Dubai, UAE: Gulf Islamic Investments Group (GII) has completed the private sale of its Amity School complex in Dubai for approximately US$50 million, the latest in a sequence of exits reinforcing GII’s position as an active asset manager for its global investors.
GII, a UAE-based global alternative investment company with over US$4 billion of assets under management, has managed the Amity School for six years. This latest exit achieved a return on investment of 66%, and follows the sale of an office complex in the Celtic Springs Business Park near Newport, South Wales (UK) earlier this year. GII’s total investor distributions exceed $600 million, with an exit pipeline of some US$250 million.
The business model of GII deploys private capital across diverse asset classes, including real estate development, private equity and debt. GII’s current investment priorities sectors are healthcare, technology, education, food production and processing, consumer services and logistics & warehousing.
Mohammed Alhassan, Co-Founder and Co-CEO of GII, commented: “This latest sale demonstrates GII’s focus on delivering the maximum returns for its investors through planned acquisitions and exits. Our team identifies and unlocks hidden value in companies and real estate, managing and repositioning assets to deliver an asset’s full potential”.
Pankaj Gupta, Co-Founder and co-CEO of GII, added: “The exit from this asset further endorses GII’s asset management ability as per the business plan, despite a tough economic environment for real estate. It has been a great deal for our investors, which has further cemented our position in the alternative investment space”.
About Gulf Islamic Investments
Gulf Islamic Investments Group (GII) is a leading Shari’ah-compliant global alternative investment company. With over $4 billion of assets under management, GII seeks to achieve superior, sustainable returns and long-term value for its investors and shareholders by investing in curated growth and income opportunities whilst providing unparalleled financial consulting.
GII believes in ‘innovation with a purpose’ and works to build the sustainability of the ecosystem in which it operates. Under the leadership of a committed management team, supported by prominent shareholders from the Arabian Gulf region, GII deploys private capital across diverse asset classes, including real estate, private equity, and venture capital. GII’s client network includes UHNWIs, family offices, banks, institutions, and sovereign wealth funds in the GCC and Asia.
GII is headquartered in the United Arab Emirates, with offices in Dubai, Abu Dhabi, Frankfurt and London. Its parent company, Gulf Islamic Investments LLC, UAE is regulated by the Securities and Commodities Authority (SCA).
Website: www.gii.ae
Linkedin: https://www.linkedin.com/company/13460336/admin/
Instagram: gii.uae
Media Contacts
Stephen Harrison
Head of Corporate Communications
Gulf Islamic Investments
communications@gii.ae