Real Estate

Arzan Wealth (DIFC) Limited, a Dubai-based advisory firm regulated by the Dubai Financial Services Authority (DFSA), has successfully advised on the acquisition of a portfolio of three outpatient imaging centers in Nassau County, Long Island, New York, USA.

The state-of-the-art imaging centers, operating under Lenox Hill Radiology, are wholly owned by RadNet (Nasdaq: RDNT, S&P: B+), one of the largest outpatient diagnostic imaging providers in the U.S. The 29,283-square-foot facilities are strategically located along major thoroughfares, ensuring high visibility and accessibility for patients.

Key Highlights of the Investment:

• Fully leased for 16 years, with 3% annual indexation, ensuring long-term revenue stability.
• Operated by a leading regional radiology practice, further enhancing the portfolio’s value.
• Expected to generate an average net cash yield of 8.5% over the projected five-year holding period.

Arzan Wealth’s Role & Strategic Vision

Arzan Wealth provided comprehensive advisory services throughout the structuring and acquisition process, ensuring a seamless transaction. The firm will continue advising on the investment throughout the holding period, prioritizing risk management and stable financial outcomes for its clients.

“We are excited to have successfully facilitated the acquisition of this strategic portfolio of outpatient imaging centers,” said Muhannad Abulhasan, CEO of Arzan Wealth. “This investment aligns with our commitment to identifying high-quality, income-generating assets for our clients. The portfolio’s long-term leases and strong tenant profile provide stability, while the projected 8.5% cash yield over the next five years offers an attractive return. We remain focused on prudent risk management to safeguard our clients' wealth while ensuring strong financial growth.”

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