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The Dubai Financial Market (DFM) has signed a memorandum of understanding with the Dubai Land Department to open a wide range of capital markets to real estate companies and real estate investment trusts and facilitate the inclusion of real estate companies and real estate assets. The signing of the Memorandum of Understanding was signed by Eisa Kazim, Chair of the Board of Directors, DFM and Sultan Butti Bin Mujrin, Director General of the Land Department, in the presence of senior officials from both sides.
"The Dubai Financial Market is keen to take all the steps that are paving the way for the business sectors, especially the real estate sector in Dubai, to take advantage of the many benefits of listing in the market.
In this context, we are delighted to sign this important agreement with the Dubai Land Department, which will strengthen the cooperative relationship between the two parties in the 2021 market strategy to diversify products and create new markets. new investment opportunities
With the benefits it brings to real estate companies and real estate investment trusts, this agreement will encourage an increasing number of listings, especially as DFM is currently preparing to launch a new real estate investment platform. "The MoU aims to boost investment in the real estate sector by using more adaptive mechanisms with the given They are out of the real estate market by attracting investment funds and facilitating investment in real estate, "said Sultan Butti Bin Mujrin. (19659002). "Through cooperation with the Dubai Financial Market, we will regulate and control the registration procedures of land and properties owned by listed companies and REITs companies, as we seek to strengthen our relationships with various investors. Government entities as part of the coordination efforts to improve ongoing government performance. This relationship also helps to provide real estate sector support in terms of opportunities for large companies to be listed in the market. Dubai financial market and facilitate their access to finance in an orderly and transparent way.The money will come
The Dubai Financial Market has gained a reputation in the region and around the world, and the entrance of large real estate companies in the market is likely to attract new categories of players who The Memorandum of Understanding provides for a set of measures and measures to enhance cooperation between the two parties and to exchange information on the real estate sector and listed companies on the market, provided that this information is relevant and can be disclosed. Motivating ]
The protocol aims to include the real estate investment funds in the market through the cooperation of both parties in the exchange of information and to discuss the issue. Experiences, as well as Incentives for Businesses and Real Estate Investment Funds.
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