Tuesday 12, September 2017 by Jessica Combes

GFH Exits US Atlanta property

 

GFH would like to inform its shareholders and the markets that its Dubai-based subsidiary, GFH Capital Limited (“GCL”), has successfully completed the sale of one of the properties in its Diversified US Residential Portfolio (“DURP” or “portfolio”) in Atlanta with a sale value exceeding $43 million.

The portfolio has been acquired three years back and has benefited from the real estate growth in Atlanta, US to allow for a successful exit.

The transaction is expected to have a positive impact on the financial results of GFH for thethird quarter of 2017.

  

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