Emirates REIT's Office ParkEmirates REIT's Office Park

Emirates REIT has detailed out the steps it will take to assuage concerns that have been flagged by the Dubai Financial Services Authority (DFSA).

The steps come in the wake of a USD210,000 fine which has been levelled against the REIT by DFSA amid reporting breaches.

Emirates REIT’s manager, Equitativa, announced on 8 December that it has reached a settlement with the DFSA following almost two years of investigations.

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By Shariffa Al-Habshee

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