Oman REIT was listed in February 2021 on the Muscat Stock Exchange, to become the first diversified multi-asset Real Estate Investment Trust (REIT) in Oman. Seeded from the Ministry of Defense Pension Fund, the REIT has over OMR 129.1 million (c. USD 336 million) of assets under management in its portfolio and includes flagship assets such as KOM-4, Amity School Sharjah, Nesto Wadi Kabir, and Rusayl Industrial Parks I & II.
Our strategy is to further develop the REIT’s size with a focus on enhancing the REIT’s dividend yield and weighted average unexpired lease term (WAULT), to further increase the REIT’S income predictability.
Oman REIT’S portfolio currently comprises of 7 offices, 17 residential, 5 retail, 6 industrial, and 1 educational properties located in Muscat (32), Salalah (2), Ibra (1), and the UAE (1).
BAIT MOZNAH, RUWI, MUSCAT, OMAN
Oman REIT is managed by FIM Partners Muscat SPC, a subsidiary of FIM Partners, a specialized asset manager with around USD 5 billion of assets under management, with offices in Dubai, Muscat, Riyadh and London.
For more information, please visit FIM Partners’ website:
www.fimpartners.com
