| | MENAFN - Middle East North Africa . Financial Network News: AREIT has plans to list on regional stock exchanges (Site not responding. Last check: 2007-10-13) |
 | | DUBAI — Arabian Real Estate Investment Trust (AREIT) — the newly-launched real estate investment trust — has plans to list on the regional stock exchanges such as Dubai Financial Market (DFM) and Dubai International Financial Exchange (DIFX) in the near future, said Stephen J. Atkinson, Managing Director of AREIT yesterday. |
 | | Speaking to Khaleej Times on the sidelines of the official launch of AREIT, a $200 million fund in Dubai yesterday, Atkinson said that AREIT is currently registered in the Cayman Islands and once DIFC adopts its Trust Laws it could consider registering in DIFC. |
 | | Commenting on the possible listing of the REIT on the regional stock exchanges Atkins said: "The GCC market is evolving fast and as laws regarding ownership becomes more clear we hope to launch funds which will be open to wider investor base that will be listed on regional stock exchanges." |
| www.menafn.com /qn_news_story_s.asp?StoryId=123491 (618 words) |