Saudi Arabia expected to see increased rainfall next week, says NCM    Ministry of Hajj and Umrah honors "Mutawifs of Arab Countries" with 5 awards and recognitions at Hajj Services Conference & Exhibition    Saudi health minister concludes official visit to Sweden to expand cooperation    Saudi Arabia to open Red Sea Museum in Historic Jeddah on December 6    Ukraine's president receives draft peace plan from US    UN atomic agency votes to urge Iran to provide information about nuclear material    Israel's forced expulsion of Palestinians from refugee camps amounts to war crimes: HRW    Israeli settlers torch scrapyard in West Bank arson attack    3 expats arrested for selling counterfeit smartphones    Mexico's Fatima Bosch, who walked out on organisers, crowned Miss Universe    Philippines rallies behind Ahtisa Manalo ahead of Miss Universe finale    Saudi Aramco announces 17 deals worth over $30 billion with U.S. firms at Saudi-U.S. Investment Forum    Rikaz partners with PLP Architecture to launch a luxury tower combining premium hospitality and high-end residential living in Al Khobar    Saudi Defense Ministry signs eight MoUs with US companies    stc group partners with ROSHN Group to develop a neutral-host infrastructure for SEDRA communities    Daniel Radcliffe wrote supportive letter to new Potter cast    UK to ban reselling event tickets for profit    From accidental athlete to Olympian: Rakan Alireza's unlikely road to the Winter Games    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GFH allots semi annual dividends
Published in The Saudi Gazette on 29 - 09 - 2016

GFH Capital announced Tuesday 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.
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." — SG


Clic here to read the story from its source.