UAE investment firm Amanat unveils social infrastructure platform
Category: #tech  By Mateen Dalal  Date: 2021-09-13
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UAE investment firm Amanat unveils social infrastructure platform

Amanat Holdings PJSC, a healthcare and education investment company based in UAE, has unveiled its Social Infrastructure Platform with the procurement of the real estate property of CMRC (Cambridge Medical & Rehabilitation Centre) facility for AED 46 million in Abu Dhabi.

The acquisition marks as Amanat's first foray into the healthcare real estate market and follows its plan to build a Social Infrastructure Platform that will act as a platform for its portfolio firms' growth and sustainability.

Amanat's exposure to the healthcare and education sectors will be further broadened due with this investment.

The goal of the Social Infrastructure Platform is to help Amanat's portfolio firms to thrive while sustaining long-term lease ties. It will enable Amanat to build a large and diverse portfolio of real estate assets with a stable and predictable return.

Amanat's Chairman, Hamad Alshamsi said their firm is examining several opportunities to generate solid and long-term returns to shareholders by investing in the real estate of the firm's top assets. This includes providing the required enablers for the company's assets to grow and develop, whether by owning real estate or investing in technology to expand investments further.

Mr. Alshamsi considers this as another positive step toward improving the portfolio and providing long-term shareholder returns.

CEO of Amanat, Dr. Mohamad Hamade mentioned that CMRC's Abu Dhabi real estate acquisition is yet another strategic move in the company's quest to build healthcare and education platforms supported by synergistic and enabling platforms.

He added that Amanat's Social Infrastructure Platform will look for strategic real estate acquisitions with high returns to encourage long-term landlord-tenant relationships.

These investments will be linked to the firm's involvement as a prominent stakeholder in corporate strategy, corporate governance, and corporate finance where it is in close collaboration with respective management teams to improve their return profiles.

Source Credit - https://www.zawya.com/mena/en/press-releases/story/Amanat_launches_its_social_infrastructure_platform-ZAWYA20210912060331/

 

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About Author

Mateen Dalal    

Mateen Dalal

Mateen has completed his Bachelor’s degree in electronics and telecommunication engineering, post which he lent his proficiency to the industry, working as a quality and test engineer. Drawn intricately toward the field of content creation however, Mateen soon switc...

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