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FinancialNews


  • 10-05-17

    Qatar's QInvest sets up U.S. real estate fund

    (MENAFN) QInvest, Qatar's pioneering private investment group proclaimed its cooperation with a GCC institutional investor to make and launch the Magnolia Real Estate Fund.

    Furthermore, the Magnolia Fund is focused on investing in the fast-growing, income-generating multifamily residential market in the U.S., which is witnessing its 7th consecutive year of growth.

    In addition, the asset is projected to yield net cash in excess of 8 percent on annual basis and a net IRR in the range of 12-13 percent.

    Accordingly, QInvest is targeting value-add multifamily investments in strong submarkets amid the U.S., while the aimed annual net cash yield exceeds average returns usually achieved in real estate equity.

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