NBK Capital Partners Real Estate was launched in 2016 with an objective to generate a stable rental yield to investors from a portfolio of income-producing real estate investments in defensive sectors, structured to comply with the principles of Shari'ah, leased to blue-chip corporate tenants across the GCC region. The inaugural NBK Capital Partners Real Estate Fund I with US$ 95 million in capital commitments focuses on the acquisition of freehold or leasehold real estate assets typically without the development risk and acquired through direct acquisition or structured transactions, including but not limited to sale-leaseback or forward purchase transactions.
We consider investments in core properties with the following characteristics:
•Fully-leased or master-leased or income-producing
•Long term leases to tenants with strong credit quality
The assets are primarily sourced from owner-occupiers seeking to unlock the capital invested in their real estate assets through sale and leaseback transactions. The target core sectors include:
•Logistics and warehousing
The Fund's geographical focus is the GCC, primarily Saudi Arabia, UAE and Oman.
The Real Estate team at NBK Capital Partners has a successful track record in implementing the consistent investment strategy across three fund vehicles, acquiring and managing over US$ 570 million in income-producing real estate assets in the GCC region.