GFH announces newly established “Infracorp”

GFH Financial Group today announced the spin-off of its infrastructure and real estate assets into the newly formed “Infracorp” (“The Company”), which will specialize in investments focusing on accelerating growth and development of sustainable infrastructure assets and environments across the Gulf and global markets, with more than US$1 billion in infrastructure and developed assets.

The company will be in charge of a portfolio of infrastructure assets worth about $3 billion, including a 250 million square foot land bank in the Gulf, North Africa, and South Asia planned for long-term economic and social development.

The Company is particularly interested in investments in emerging communities, as well as logistics and technology that promote sustainability and renewable energy, as well as social infrastructure assets in the education and healthcare sectors.