European Business Centre in Dubai, a property of Emirates REIT. (Photo: Google Maps)

Emirates REIT and its manager, Equitativa, are considering several options for the REIT amid a less-than-ideal investment climate in the country.

These options include a delisting from Nasdaq Dubai, said the REIT in its announcement on 19 July.

“Over the past few months, it has become increasingly clear to the board of Emirates REIT that the advantages of remaining publicly listed are heavily outweighed by the disadvantages”, it said.

Related: Emirates REIT defends decision to withhold dividends as prices fall 65% in YTD

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.