Pramerica Real Estate Investors and QInvest, Qatar’s leading investment bank, acquired a portfolio of 16 retail properties located across Germany through a newly formed joint venture, the companies announced today. Pramerica Real Estate Investors, headquartered in the United States, is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU), and operates as Prudential Real Estate Investors in the Americas, Korea and Japan.
Press Release
• Revenues up 37% to US$ 78.7 million [QAR 286.5 million], compared to US$ 57.5 million [QAR 209.2 million] in the third quarter of 2014
• Net profit increased 69% to US$ 33.8 million [QAR 123.1 million], compared to US$ 20.0 million [QAR 72.7 million] in the third quarter of 2014
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is pleased to announce the completion of its debut US$ 200 million five year syndicated facility.
The facility is in line with the bank’s funding diversification and capital efficiency plan and was arranged by QInvest’s key regional and international relationship banks, namely Masraf Al Rayan, Al Khaliji France S.A. and Natixis.
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is delighted to announce that it was named the “Most Innovative Investment Bank from the Middle East” at The Banker magazine’s Investment Banking Awards 2015.
Tamim Hamad Al-Kawari, QInvest’s Chief Executive Officer, collected the award on behalf of QInvest at the awards ceremony, which was held at Claridge’s Hotel in London.
By Paul Golden EUROMONEY Magazine
Growing use of Islamic finance places ever greater importance on the ability of corporates to access hedging solutions that are complaint with shariah principles.
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial groups globally, announces that it has been awarded ‘Best Investment Bank - Qatar’ in the MEA Markets Business Awards 2015.
By V L Srinivasan, Qatar Today Magazine
WHAT SHOULD BE THE ROLE OF SOVEREIGN WEALTH FUNDS IN THE GCC REGION WHEN OIL PRICES ARE FALLING? ARE THEY TAKING PART IN THE ECONOMIC DIVERSIFICATION PROGRAMMES OF THE SIX MEMBER STATES? QATAR TODAY FINDS OUT.
By Daria Solovieva, Bloomberg
QInvest’s Shariah-compliant real estate fund has $15m initial assets, may grow to $100m in 12 mos, said Ataf Ahmed, head of asset management at the Doha-based investment bank, in an interview on Sept. 30.
Left: Mr. Eric Adler and Mr. Marc Halle from Pramerica, Mr. Tamim Hamad Al Kawari and Dr Ataf Ahmed from QINVEST
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial groups globally, announces that it has been named ‘Islamic Fund Management Firm of the Year’ at the Corporate Livewire Global Fund Awards.
• Revenue for H1 2015 up 40% to US$53.7 million (QAR195.6 million), compared to US$38.3 million (QAR139 million) in H1 2014
• Net profit for the first half of 2015 up 86% to US$24.4 million (QAR88.7 million), compared to US$13 million (QAR47.6 million) in H1 2014
By Alex Armstrong, Islamic Finance News Magazine
GCC capital markets have continued to see downward pressure exerted from lower oil prices in 2015. Although oil prices have rebounded slightly since March, OPEC action has curtailed any significant upward movement driving the GCC banking sector to focus on liquidity. ALEXANDER ARMSTRONG delves further.
QInvest, Qatar’s leading Investment Bank and one of the prominent Islamic financial institutions in the world, was named “Best Investment Bank in Qatar” by the Banking Executive Magazine at the 10th anniversary of the World Union of Arab Bankers.
The Banking Executive magazine announced the winners of the Arab Banking Awards at the Distribution Ceremony, which celebrated Achievements of Excellence in the Arab Banking Sector as well as the Arab Banks Awards & Commendations of Excellence, 2015.
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial groups globally, announces that it has been confirmed as the winner of the ‘Investment Management – Qatar’ award at the Finance Monthly Investment Awards 2015.
These awards recognise the financial firms and individuals which have provided the best value and customer service, the managers who deliver the best results for their clients and the funds that offer consistently strong performance and communication with their customers.
QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, won four titles from The Asset Triple A Islamic Finance Awards 2015. The Asset named QInvest “Best Investment Bank”, “Sukuk House of the Year”, and – in Qatar - “Best Asset Management House of the Year” and “Best Deal” , for the bank’s role in assisting the Grand Duchy of Luxembourg with its debut €200 million Euro-denominated Sukuk .