(MENAFN) A leading private investment group in Qatar, QInvest, has announced the exit of a real estate mezzanine murabaha transaction in the US.
Backed by a diversified portfolio of 17 assets, the transaction generated an IRR of 14.9 percent (representing a 1.23x multiple) over 20 months.
Chief Executive Officer of QInvest, Tamim Hamad Al-Kawari said, "While 2017 has been notable for adverse market conditions in the region, QInvest has witnessed continuing investor appetite for the international real estate sector, with particular interest in the US market. A return of almost 15 percent over 20 months reflects a strong return for a mezzanine transaction given the conservative level of risk".
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