Dubai: Bahrain’s financial organization GFH has expanded its real estate portfolio in the US. This time by obtaining student housing affiliated with the smartest universities in Texas, Michigan and Missouri. specialty in this category.
The portfolio amounts to more than 2000 beds with “assets located within walking distance of their respective affiliated universities. “The homes are new and feature amenities designed to meet the wishes of students.
“GFH’s investment strategy in the student housing sector focuses on building a diversified portfolio that targets universities among the 150 most sensible public universities in the United States, regarded as flagship universities in their respective states,” he said. “The student housing sector has performed well historically, even during the pandemic, as evidenced by a strong average occupancy rate of over 90% and a height-equivalent rental recovery rate. “
Companies such as Investcorp, also in Bahrain, GFH and GII, in Dubai, are among the Gulf entities that have expanded their real estate holdings abroad. While all economic signals suggest that peak inflation turns into a recession, real estate as an asset remains. Not bad.
“As a component of GFH’s developing real estate business, we are excited to continue our investments in the student housing sector, which is experiencing positive momentum given the increase in enrollment at U. S. universities. In the U. S. , the expansion of the U. S. population is expanding. “The U. S. and the shortage of Class A pedestrians, the assets built,” said Nael Mustafa, co-head of Investments – Real Estate at GFH.
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