ENPD REIT (CEIC) PLC is a Sharia-compliant real estate investment trust. Emirates NBD Asset Management Limited (Fund Manager - regulated by the Dubai Financial Services Authority), listed on Nasdaq Dubai. Under the symbol ENBDREIT. ENBDREIT (CIAISI) LLC, it is a closed-end investment company established by the fund manager to invest in estate assets in the United Arab Emirates. ENPD REIT (CEIC) PJSC has an indefinite term and was incorporated into the Dubai International Financial Centre (DIFC) by the Fund Manager on July 18, 2016, under the Companies Law as Emirates Real Estate. The company was registered under the name "Emirates Real Estate Fund - Limited" with registration number 2209. The fund subsequently changed its name to Emirates Real Estate Fund - Limited. Anbedi REIT (CIAICI) Limited, and later Anbedi REIT (CIAICI) LLC, in accordance with the new Companies Law. In the Dubai International Financial Centre, ENPD REIT (CEIC) PJSC is regulated under the laws and regulations of the Dubai Financial Services Authority. It is a public fund, a local fund, an Islamic fund, a real estate fund, and a real estate investment trust (REIT). It was established by the National DE REIT (CEIC) PJSC with a primary investment objective of generating income and capital gains from real estate assets.
Metrics to compare | ENBDREIT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipENBDREITPeersSector | |
|---|---|---|---|---|
P/E Ratio | 2.5x | 7.1x | 9.0x | |
PEG Ratio | - | 0.18 | 0.01 | |
Price/Book | 0.5x | 1.1x | 0.9x | |
Price / LTM Sales | 3.5x | 3.9x | 3.7x | |
Upside (Analyst Target) | - | 16.7% | 20.3% | |
Fair Value Upside | Unlock | −1.0% | 3.2% | Unlock |