GFH distributes semi annual dividends to investors

Press release
Published September 28th, 2016 - 03:40 GMT
Mr. Hisham Alrayes, Managing Director of GFH Capital
Mr. Hisham Alrayes, Managing Director of GFH Capital

GFH Capital “GFH” today announced the recent distribution of semi-annual dividends for a number of its investments and funds in line with its continued progressive dividend policy. These include distributions to investors of GFH funds with underlying investments in a number of regional education assets as well as those in regional and global real estate.

For Private Equity investments in regional education, GFH Capital distributed dividends of 8% from its Sheffield Private School (SPS) investment and 7%  from its Philadelphia Private School (PPS). Both K-12 private educational facilities are based in Dubai and are benefiting from continued growth in demand in the Emirates for high quality international standard education and curriculum.

For Asset Management Portfolios, GFH Capital’s Jeddah Mall investment delivered 11% and has seen significant recent progress with the notable addition of a LuLu Hypermarket to the mall’s tenants. Similarly, its global portfolios also continue to deliver sound returns with its Diversified US Residential Portfolio (DURP) delivering dividends of 9.2% and 9.16% from its US Industrial portfolio. Ongoing sound performance of these US portfolios, based across multiple states, is supported by steady expansion of the US economy and positive dynamics in the residential and industrial real estate sub-segments in the states and urban areas where GFH Capital has chosen to invest.   

Mr. Hisham Alrayes, Managing Director of GFH Capital, said, “We are pleased to continue to deliver solid, steady returns to investors in our funds and investments across the education and real estate sectors both in the region and globally. Our objective is to provide unique and diversified opportunities to our investors that enable them to gain exposure to positive regional and global economic and sectoral trends. With the consistent return of solid dividends to our investors on these investments, and others, we underscore the strength of our investment strategy and effective management of assets while continuing to work to identify and bring to market similar income yielding opportunities in 2016 and beyond.”

Background Information

Gulf Finance House

Since its establishment in 1999, Bahrain based Gulf Finance House (GFH) has been a driving force in the development of regional Islamic financial institutions and infrastructure projects across the Middle East. Its shares are listed on the Kuwait Stock Exchange, the Bahraini Stock Exchange, the Dubai Financial Market and the London Stock Exchange in the form of a GDR.  It has been responsible for the creation of leading Middle Eastern financial institutions.

Contact Information

Gulf Finance House
Bahrain Financial Harbour,
P.O Box 10006
Manama,
Bahrain
Fax number
+973 (0) 1 754 0006

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