Arzan Wealth Achieves Profitable Exit of Two Properties from “Single Tenant Portfolio” In USA

Arzan Wealth (DIFC) Restricted (‘Arzan Wealth’), a Dubai-based advisory agency regulated by the Dubai Monetary Providers Authority, is happy to announce that it has efficiently suggested its purchasers on the sale of two properties (“ the Properties”) from the Single Tenant Portfolio in USA.

The Single Tenant Portfolio consists of 6 single-tenant net-leased buildings with a complete of 760,533 sq ft, positioned in 6 states within the US and sectorally diversified because it contains 1 healthcare, three industrial, and a pair of workplace property, with tenants that get pleasure from robust credit score scores and reputations of their markets. The portfolio was acquired in June 2017.

Alliance Health

Alliance Well being

One of many offered buildings is a hospital in-built 1998, positioned in Seminole, Oklahoma and leased to Alliance Well being (Integris) that serves greater than 30,000 residents in Seminole County and the surrounding space. The opposite exited asset is a category A workplace constructing in-built 1986, positioned in Trenton, Georgia and leased to Accellent (Lake Area Medical). Accellent manufactures polymer parts in addition to assembles medical units which are primarily polymer based mostly.

The Portfolio was acquired in June 2017 as a part of Arzan Wealth’s yielding asset platform with an goal of manufacturing a median annual yield of 8.50% to traders, and an IRR of round 10% over a three-year holding interval. Arzan Wealth’s technique was to establish alternatives to interrupt up the portfolio by promoting off a few of the property, whereas enhancing worth within the others. Each property had been efficiently offered at a worth that has created a internet weighted-average IRR of round 13.2%.Arzan Wealth acted because the Strategic Advisor on the structuring and sale of the Properties, and can
proceed on this position throughout the remaining holding interval of the remaining property.

Muhannad Abulhasan, CEO of Arzan Wealth mentioned:

“These two gross sales take Arzan Wealth’s observe file to eight exits on behalf of purchasers, and I’m very
happy that we’ve got been capable of tremendously exceed the return expectations of traders on promoting the
Accellent and Integris buildings. This transaction exemplifies the prudent method of Arzan Wealth,
by way of market choice and asset high quality. I’m additionally happy to announce that we’ve got additionally
accepted a beautiful supply on a 3rd asset on this portfolio. The closing of the sale is predicted in
October 2018 and would once more exceed the IRR expectations projected on the time of acquisition. We
are pleased with the belief that’s being positioned in Arzan Wealth by our purchasers, and we sit up for
delivering on our guarantees to them in future. The first goal of Arzan Wealth is to protect
and shield the wealth of our purchasers, whereas producing a beautiful and predictable month-to-month earnings.”

About Arzan Wealth (DIFC) Restricted

Arzan Wealth is an funding advisory agency registered on the Dubai Worldwide Monetary Centre(DIFC), and is regulated by the Dubai Monetary Providers Authority (DFSA). Arzan Wealth presently advises numerous skilled purchasers on actual property, non-public fairness and different investments with a complete worth of property suggested round US$ 1.four Billion. Arzan Wealth focuses on arranging yielding investments in main world markets, in addition to bespoke investments that meet the necessities of particular purchasers.Previous or projected efficiency just isn’t essentially a dependable indicator of future outcomes.


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