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Injazzat, in partnership with Al Shall Investment and Consulting Company (Fund Managers) and Grosvenor Investment Management US Inc. (Asset Managers), established and launched the Shmael US Real Estate Fund in mid-2004. The strategy of the fund is to pursue investments in grade A and B+ commercial office buildings across a diverse group of major metropolitan areas in the United States. This real estate fund is Shari'ah compliant and the objective is to build-up a portfolio of stable-return operating properties and a limited number of value-added office buildings to enhance overall returns. |