This website is using cookies

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more or switch them off if you prefer.

However, by continuing to use the site without changing settings, you are agreeing to our use of cookies.

FIVE Holdings, previously known as SKAI Holdings, has unveiled its new corporate identity based on the elements, earth, fire, water, air, and consciousness which reflect the five founders’ qualities.

Furthermore, the company has introduced an AED2.1 billion (USD571 million) real estate investment trust (REIT), to be regulated by Abu Dhabi Global Market and Financial Services Regulatory Authority.

REITs issue securities in the form of shares that invest in income generating real estate including mortgages and may be traded like a stock when offered to the public.

Dhananjai Cadambi, CEO, FIVE Capital, noted that as well as Viceroy Dubai Palm Jumeirah, owned by the organisation, around 60 investors have committed to contribute their properties into the REIT.