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DIB, Islamic French property fund
- United Arab Emirates: Monday, May 24 - 2004 at 16:19
Dubai Islamic Bank has announced a new property fund of four high-quality, stabilised commercial real estate entities as well as development properties strategically located in the Parisian office market with major strong-credit tenants. The USD213m Al Islami French Property Fund has a minimum investment of Euro 100,000 and expected annual return is eight per cent.
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Peter J. Cooper
