UK manager Cordatus Real Estate has partnered with consulting firm JISR Holdings to provide Middle East based clients access to UK real estate.
Cordatus said it expects to invest 拢200m (鈧�233m) this year as it becomes the investment management partner of choice for Middle East investors seeking to invest in the UK.
The 拢310m real estate asset manager鈥檚 plan is to target acquisitions between 拢10m and 拢50m, across all property types.
Michael Cunningham, director at Cordatus Real Estate, said: 鈥淲e believe in long-term relationships with our investors by maintaining the highest standards of trust, ethics and governance. We spent considerable time looking for a Middle Eastern partner to be the right fit and we are confident JISR will prove to be that partner.
鈥滳ordatus and JISR both share the same values, are run by highly-respected teams, and have proven track records that are second to none.鈥�
Talal Al Zain, founder of JISR Holding, said: 鈥淭his new partnership will enable us to match clients鈥� appetite with attractive UK assets, drawing on both partners鈥� expertise to create a compelling proposition.
鈥淭he partnership鈥檚 Middle East office in Bahrain brings us closer to our clients and will allow us to provide an outstanding service and constant support.鈥�
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