Sharia compliant real-estate investments are creating more options for portfolio diversification under the umbrella of Islamic Finance. Tim Haywood, General Manager and Regional Vice President at the Walton Group of Companies, a global real estate asset management company and Amanie Advisors, an Islamic Banking and Sharia Finance advisory consultancy, explains to MEA Finance how and why this opportunity is growing in the region.
MEA Finance
Walton has entered into a residential land exit focused option agreement with a national homebuilder to develop 337 single-family homesites located in the Las Colinas Village community in San Jacinto, Calif.
Press Release
Walton, a real estate investment and land asset management company with US$3.39 billion under management and administration, has acquired 138 homesites within the master-planned community of Verano located at the northwest corner of Verano Road and Rio Vista Drive in Cathedral City, Calif. In a second transaction, Walton then sold the finished lots to D.R. Horton, the largest homebuilder by volume in the U.S.
Press Release
Walton, a real estate investment and land asset management company with US$3.39 billion under management and administration, has expanded its Builder Option Land Development Funds (BOLD Funds), with an investment objective of raising capital to acquire land identified by large U.S. homebuilders for near-term residential development projects.
Financial Post
In May 2020, landowners voted to approve the sale of a pre-development land parcel located in Hays County, TX. The purchaser, a publicly traded U.S. homebuilder, has executed an option agreement whereby this Anderson property will be transacted in two phases, with cash distributions anticipated to be made to land investors beginning in 2021 until 2027.
Press Release
The purchaser has executed an option agreement whereby this 1,262-acre master plan will be transacted in multiple phases, with distributions anticipated to be made to land investors over the course of the entire community development.
Press Release
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