Bahrain’s GFH launches new $1bn infrastructure, real estate unit – ArabianBusiness

Bahrain’s GFH launches new $1bn infrastructure, real estate unit – ArabianBusiness

Bahrain-based GFH Financial Group has announced the spinning out of its infrastructure and real estate assets under the newly established Infracorp, capitalised with more than $1 billion in assets.

The new company will specialise in investments focusing on accelerating growth and development of sustainable infrastructure assets and environments across the Gulf and global markets.

Infracorp will be managing a portfolio of near $3 billion of infrastructure assets including land bank in the Gulf, North Africa and South Asia approximately 250 million square feet earmarked for sustainable economic and social infrastructure, a statement said.