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Investment firm Al Mal Capital Real Estate Investment Trust (REIT) manages to secure Dh210 million through a public offering subsequent to its initial offering.

Fresh Dh1.125-unit issues unveiled by FPO, granting preferred allocation to present shareholders to maintain ownership

Al Mal Capital Real Estate Investment Trust (REIT) secures Dh210 million through a public...
Al Mal Capital Real Estate Investment Trust (REIT) secures Dh210 million through a public offering's follow-up round.

Investment firm Al Mal Capital Real Estate Investment Trust (REIT) manages to secure Dh210 million through a public offering subsequent to its initial offering.

In early August 2025, Al Mal Capital REIT (AMCReit) successfully closed a follow-on public offering (FPO), raising a total of Dh210 million. This significant capital raise positions AMCReit to expand its portfolio by acquiring high-quality, income-generating real estate assets across the UAE and GCC region.

The trading of the newly issued units is expected to commence on the Dubai Financial Market (DFM) between August 8 and 15, 2025, subject to regulatory approvals.

AMCReit's focus remains on sectors with resilient income streams such as education, healthcare, and industrial properties. The capital raised strengthens AMCReit's status as a leading real estate investment trust (REIT), and its proven track record includes a sustainable annual dividend distribution of seven per cent since 2023.

Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital PSC, expressed satisfaction with the successful raise and the trust investors have in the company's vision and portfolio. He stated, "The FPO’s success reflects investor trust in AMCReit's vision to continue growth and deliver attractive returns through strategic asset acquisition."

Existing unitholders were provided with a priority allocation to preserve ownership, alongside a secondary allocation for new subscribers. The FPO issued new units at Dh1.125 per unit, including a Dh0.025 subscription fee.

The success of the FPO is indicative of the growing regional interest in REITs, particularly AMCReit. The company's consistent delivery of attractive and stable returns has attracted strong investor demand, highlighting the confidence in AMCReit's future growth and performance.

AMCReit's business section is managed by Somshankar Bandyopadhyay, a News Editor with nearly three decades of experience. Under his leadership, the top economic and business news of the day reaches its readers.

With the funds raised, AMCReit will further expand its holdings, continue its growth trajectory, and deliver attractive returns to its unitholders. The company is poised to leverage this capital to create value for its stakeholders and contribute to the growth of the UAE and GCC real estate market.

[1] Al Mal Capital REIT (AMCReit) Successfully Closes Follow-On Public Offering, Raising Dh210 Million. (2025). Press Release. [2] AMCReit Poised for Growth Following Successful Capital Raise. (2025). Business News.

  1. The success of Al Mal Capital REIT's (AMCReit) follow-on public offering (FPO) has demonstrated growing regional interest in REITs, particularly AMCReit.
  2. AMCReit's focus on sectors such as education, healthcare, and industrial properties with resilient income streams, along with its consistent delivery of attractive and stable returns, has attracted strong investor demand.
  3. The company's Vice Chairman and CEO, Naser Al Nabulsi, expressed satisfaction with the FPO's success, stating that it reflects investor trust in AMCReit's vision for continued growth and attractive returns.
  4. With the funds raised, AMCReit will further expand its holdings and continue its growth trajectory, delivering attractive returns to its unitholders.
  5. The top economic and business news of the day reaches its readers through the AMCReit business section, managed by Somshankar Bandyopadhyay, a News Editor with nearly three decades of experience.

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