EFG Hermes successfully concluded on Thursday its advisory on Emirates NBD REIT’s USD 105 mn IPO on Nasdaq Dubai. The transaction included an offering of ordinary shares outside the US to institutional investors, the investment bank said in an emailed statement. EFG Hermes was joint global coordinator and bookrunner on the transaction with Emirates NBD Capital. Shuaa Capital acted as co-lead manager of the IPO, while White & Case acted as legal advisor.

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