Bahrain-based Gulf Finance House Commercial Bank (GFHCB) and Abu Dhabi Investment House (ADIH) have announced their foray into the European real estate market through a 144 million euro offering which will invest in residential properties located in Berlin, Leipzig, Düsseldorf, Halle and other areas across Germany.
According to Bahrain Tribune, the portfolio will include a total leased area of 431,925 square metres in Berlin, 80,494 sq.m. in Leipzig, 98,822 sq.m. in Düsseldorf and 136,684 square metres in Halle and other areas totalling 213,759.
