Looking for the best investment option? Oman REIT Fund could be the best bet

Looking for the best investment option? Oman REIT Fund could be the best bet

Muscat: With the launch of the OMR65.48 million Oman REIT Fund, and its OMR26.1 million initial public offering (IPO) that can go up to OMR39.2 million, both Omani and non-Omani investors are presented with an unmatched opportunity to park their money safely in one of the most promising investment instruments in the Sultanate.Allowing subscribers to the fund to participate in the high potential Omani real estate sector in a hassle-free manner, Oman REIT Fund offering amazing returns with a targeted annual dividend of 7.5 per cent that is expected to grow to 8.2 per cent over five years.Investment analysts look at Oman REIT Fund as a game-changer in the Sultanate's real estate investment domain, given the multiple benefits offered to the Fund's subscribers. From stable and high income, hedge against inflation, long term capital appreciation and high liquidity to the professional management of the fund by expert wealth managers and the diversified, balanced and high-occupancy asset portfolio that are spread across strategic localities and sectors in the Sultanate, Oman REIT Fund has positioned itself as a pioneer and leader in Oman's REIT sector.According to Jasser Al Aulaqi, Chief Executive Officer of the managing company, “Oman REIT Fund's core objective is