Portfolio goes above 5,500 beds with new units in University of Tennessee (605 beds), University of North Texas (859), and University of Kentucky (649)
GFH
Latest in GFH
Bahrain
GFH’s $500 million, 5-year sukuk oversubscribed four times
Proceeds will enhance the group’s financial position and fund its ongoing growth and diversification strategies
acquisitions
Bahrain’s GFH acquires 1 million square feet clinical space in the US for $400 million
In partnership with Big Sky Medical, GFH has now built a portfolio of downturn-resistant US medical building sector of nearly $1 billion
acquisitions
Bahrain’s GFH acquires US student housing portfolio in $300 million deal
The acquisition is part of the Bahraini firm’s strategy to diversify its investment portfolio, particularly targeting the student housing sector within the top 150 public universities in the US
Abu Dhabi
Bahrain’s GFH successfully lists on Abu Dhabi Securities Exchange
Listing brings the number of dual listings on the Abu Dhabi Securities Exchange to four
Bahrain economy
Bahrain’s GFH launches sales at Harbour Row residential project
Harbour Row is situated at the Bahrain Financial Harbour in the heart of Manama and is made up of six buildings
Bahrain economy
Bahrain’s GFH acquires schools, eyes education push
GFH Financial Group has signed a deal to acquire six schools as it plans to expand investments in the regional education sector
Al Areen
Bahrain’s GFH exits waterpark in $60m deal
Lost Paradise of Dilmun waterpark is the largest in Bahrain and one of the largest in the region
Capital Market Authority
Bahrain’s GFH hires GIB for Saudi stock listing
The company also announced that it plans to increase assets under management to $30bn by the end of 2020
GFH
$150m to be invested in takeover of UAE’s The Entertainer
GFH Financial Group reveals investment plan in posting to Dubai’s stock market
GFH
Bahrain’s GFH buys majority stake in The Entertainer
Incentives provider offers lifestyle savings to consumers in 15 countries across the Middle East, Europe, Asia and Africa
Banking & Finance
Bahrain’s GFH to hand out $85m in cash dividends
Shareholders also approve 2017 financial results which include net profit of $104m
Dubai education
Bahrain’s GFH agrees to sell 70% stake in Dubai school
Unit GFH Capital, which acquired the stake in October 2014, says it has sold it to businessman Nashat Sahawaneh
Abu Dhabi
Abu Dhabi fund acquires stake in Bahraini investment bank
Goldilocks Investment Company Limited buys a 4.99% stake in GFH Financial Group
derivatives
Nasdaq Dubai to add Bahrain’s GFH to futures market
GFH Financial Group will become the first non-UAE company to be included on Jan 16