Global Partners successfully closes $212mn build-to-rent property fund ...United Arab Emirates

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Global Partners successfully closes $212mn build-to-rent property fund
Global Partners Limited, a DFSA regulated institutional fund manager specialising in alternative investments, has successfully closed Global Partners Property Fund I (CEIC) Limited, a Qualified Investor Fund based in the DIFC. In a statement, the fund manager explained that the fund focuses on the Dubai build-to-rent housing market with two projects on the Dubai Water Canal. US $212mn was raised, with 35% coming from North America, 37% from Europe, and 27% from the UAE. Martin Linder, Chief Executive Officer at Global Partners said, “We are delighted with the reception we have received from global investors for our inaugural fund. Institutional capital is increasingly interested in Dubai rea

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