City Link would like to introduce CFH ( Corporate Finance House ) as one of our strategic Property Fund specialists.
CFH has extensive real estate experience in the Levant and the GCC. It currently manages two real estate funds totaling US$45 million. The funds develop residential and commercial properties in Beirut, Dubai, Amman, Doha and Abu Dhabi.
Funds under management
Mereo I Fund
Capitalized at US$15 million, the Fund targeted real estate development opportunities in prime locations in Lebanon, Dubai, and other GCC countries. The Fund's current investment in Lebanon is the Capital Plaza, a residential building located in the Hotel District of the Beirut Central District. In Dubai, the Fund operates through CFH Gulf Limited (CFHGL), a fully owned subsidiary specified in real estate development. CFHGL is currently developing West Wharf a residential tower in the Business Bay of Dubai. It also holds 30% ownership in Prime Tower, an office tower under construction also in the Business Bay of Dubai. The term of the Fund is five years, with an expected IRR between 17% p.a. to 20% p.a.
Mereo II Fund
Capitalized at US$20 million, the Fund targets real estate development opportunities in prime locations in Dubai, Abu Dhabi, Amman and Doha. The Fund's current investments are in CTGL – Dubai and Philadelphia Investments Group Limited "PIGL" in Amman, Jordan. PIGL is currently developing a residential and commercial Tower in Abdali area in Amman. The term of the Fund is five years, with an expected IRR between 17% p.a. to 20% p.a.



