Business
Arzan Wealth Advises on Acquisition of Grade A Single-Tenant Portfolio in USA
Arzan Wealth (DIFC) Limited (' Arzan Wealth'), a Dubai-based advisory company controlled by the Dubai Financial Provider Authority, delights in to introduce that it has actually advised on the purchase of a Grade A, Single-Tenant Portfolio in the US.
The Portfolio consists of 6 single-tenant net-leased buildings with an overall of 760,533 sq ft, located in 6 states in the United States. The ordinary lease length of the Profile is 13.5 years without any expirations throughout the predicted holding period. The properties within the Profile are mostly utilized as home offices or significant functional centers that are mission critical to the tenants.
The Portfolio is sectorally expanded as it includes 1 health care, 3 industrial, and 2 office properties, with occupants that take pleasure in strong credit rankings and track records in their markets. For example, Siemens, Owens Corning and a system of Schlumberger are all stood for in the Profile.
Arzan Wealth acted as the Strategic Expert on the structuring and procurement of the
Residential or commercial property, and will certainly proceed in this role throughout the holding period of this financial investment, which is forecasted to supply monthly income to clients equal to 8.5% per annum.
Muhannad Abulhasan, CEO of Arzan Wealth said:
" We are pleased to be able to advise our clients on this 2nd purchase of 2017. Our prudent and careful ideology is shown in the reduced threat of this bargain, which offers earnings that is expanded throughout multiple occupants in various sectors of the economic situation. We feel great that the procurement rate will certainly permit investors to enjoy a secure and safe monthly revenue stream at a level that is eye-catching about the high credit rankings of the renters in the portfolio. We are proud of the trust that is being placed in
Arzan Wealth by our clients, and we waiting to delivering on our assurances to them in future. The primary objective of Arzan Wealth is to preserve and secure the wealth of our clients, while creating an appealing and predictable monthly earnings."