In March 2010, Arcapita and Al Rajhi Capital launched the ARC Real Estate Income Fund, a joint venture that acquired multiple logistics and retail properties within the GCC region. The fund was the first collaboration in private equity between Arcapita and Al Rajhi Capital that focused on acquiring high-quality, income-generating real estate assets, concentrating on logistics warehouses, healthcare, and education related assets.
Real Estate
Middle East
2015
In light of the current COVID-19 outbreak and its impact on the global economy, we are reaching out to update you on Arcapita and our global operations.
We continue to operate from Bahrain, Atlanta, London and Singapore. We are actively monitoring the situation and are in close contact with the relevant authorities, and are taking the necessary precautions to ensure business continuity across our global business lines. These precautions include a robust, regularly tested contingency plan that will allow us to operate without disruption and ensure the wellbeing of our employees and stakeholders.
We believe in the resilience of our investment philosophy and the areas where we and our investors have deployed capital. We are constantly monitoring the evolving situation in order to make informed decisions with respect to our portfolio and investment strategy.
We will continue to keep you updated and we wish good health for you and your loved ones. God willing we will all get through this period safe and well.
If you have any questions or if the Arcapita team can assist you in any way at this time, please do not hesitate to contact us.
Sincerely,
Atif A. Abdulmalik
Chief Executive Officer