KFH, Ijarah real estate fund in Turkey achieves 10% profit

It is worth noting that the fund distributed profits every three months, and KFH-Turkey possesses a share in the fund, along with other shareholders from Kuwait and Turkey.

The Private Banking Department Manager Talal Al-Nesf said that the fund invests in renting warehouses with an area over 60,000 m2, and is bound to renting contracts with logistic corporations with a cover not less than five years. This ensures regular cash flow for the fund from renting the warehouses and some administrative offices.

Al-Nesf added that the fund was designed as an investment product in collaboration with KFH and KFH-Turkey, to benefit from the need of the Turkish market for this kind of beneficial real estate investments, where shareholders benefit from investing in a distinguished activity with fruitful returns. This goes hand in hand with the need of the market, which makes the fund an added value, like most of the other KFH investments in regional and global markets.

Furthermore, Al-Nesf stated that the fund's real estate are located near the Ataturk International Airport, which is a prime location since it lies at the intersection of main roads, which makes it special and convenient for the transportation and storage companies that rent its real estate. He rendered the fund's returns and its good reserves are solid proof of the strategy and accurate follow up of the Turkish market's needs and providing it with investment products that suit those needs.

Moreover, Al-Nesf stressed that KFH will continue to exert efforts to achieve the best returns for its investing clients through excellent, low risk opportunities with rewarding returns and prime qualitative assets that symbolize the perfect investment opportunity for the client.

The Private Banking Department is always eager to manage the fortunes and properties of the clients in a way that achieves high profit for them.