Zawya - Press Releases: HMK Capital, licensed by the Qatar Financial Centre, registers the first real estate investment trust in Qatar

Doha, Qatar : HMK Capital, an investment company registered with the Qatar Financial Centre, one of the leading financial and commercial centers, announced the successful completion of the registration of the Salwa Real Estate Investment Fund, the first collective real estate investment fund in Qatar, marking a significant milestone in the development of the financial services sector in the country.

The fund will provide investors with a flexible and effective tool to acquire viable real estate assets. This achievement is also a significant strategic step that serves the country's ambition to build a comprehensive global investment ecosystem, in line with the goals of Qatar National Vision 2030 and the Third National Development Strategy, by developing specialized economic sectors, enhancing asset management, and growing local capital markets.

At a later stage, and after obtaining the necessary approvals from the competent authorities, the fund will seek to list its shares on the Qatar Stock Exchange, which will facilitate the entry of investors into the Qatari real estate sector, support foreign direct investment flows, and enhance market liquidity, financial sustainability, and long-term diversification efforts.

Commenting on the significance of this achievement, Mr. Mansoor Rashid Al Khater, CEO of the Qatar Financial Centre, said: “The launch of the Salwa Real Estate Investment Fund by local asset management company HMK Capital represents a significant step in the sustainable growth of the financial services sector and the investment ecosystem in the country. As the first collective real estate investment fund in Qatar, the fund offers a new investment structure that contributes to supporting the capital market, expanding access to real estate investment opportunities, and enhancing the long-term growth of the asset management sector. We congratulate all stakeholders and commend the efforts of regulatory bodies in supporting national capabilities to provide advanced investment solutions that comply with global best practices in transparency and oversight.”

For his part, Sheikh Hamad bin Mohammed bin Khalid Al Thani, founder and chairman of HMK Capital, said: “We are committed to working with various parties in the capital market to develop new products that contribute to diversifying key sectors in Qatar. Real estate investment funds allow investors access to diversified investment portfolios that guarantee them stable returns and inject more liquidity into the markets, which contributes to building a stronger and more resilient financial and real estate market.”

About the Qatar Financial Centre

The Qatar Financial Centre (QFC) was established to operate within the State of Qatar, specifically in Doha, providing a distinguished business platform for companies wishing to establish and conduct their activities in Qatar or the wider region. The QFC boasts a unique legal and regulatory framework, a robust tax system, and a well-established business environment that allows for 100% foreign ownership, 100% repatriation of profits, and a competitive corporate tax rate of 10% on locally sourced profits. The QFC welcomes all financial and non-financial companies, whether Qatari or international.

For more information on permitted activities and the advantages of doing business under the Qatar Financial Centre umbrella, please visit www.qfc.qa

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