GFH acquires US medical offices portfolio in $200m deal – The National

GFH acquires US medical offices portfolio in $200m deal – The National

GFH Financial Group, an investment bank based in Bahrain, has acquired a portfolio of medical offices in the US in a deal valued at $200 million, expanding its real estate portfolio in the world's largest economy.

The medical offices portfolio consists of 11 assets with more than 400,000 square feet of space and is spread across North Carolina, South Carolina, Georgia, Utah, Wisconsin, Ohio and Texas, the company said in a statement on Tuesday.

The Sharia-compliant deal brings the value of the GFH group’s US healthcare portfolio to over $400 million.