RiverBay Capital - a London based firm - today announced the launch of their investment drive to seek out large-scale opportunistic projects with asset management potential in Jordan. This is a major move for RiverBay Capital on its mission to provide Europe with institutional access to markets in the Middle East.
"Jordan represents a unique and strategic opportunity for global investors. We are looking forward to strengthening our ties further in the region", says Devan Gohil, Director at RiverBay Capital.
The firm's new mandate is likely to see a significant flow of overseas capital being deployed in the country over the coming years, with a special focus on retail and hospitality sectors.
While the pandemic has dampened local market conditions, the news is likely to be welcomed by many as a sign of recovery post COVID-19 and investment confidence that aligns with Jordan's economic development initiatives.
About RiverBay Capital: RiverBay Capital is an independent alternative investment firm headquartered in London, United Kingdom. The firm has successfully established itself as a bridge between real estate markets in Europe and the Middle East.
-Ends-
For further information, contact RiverBay Capital on - Email: info@riverbaycapital.com or Telephone: +44 207 126 8280.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
