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ARAB STATES: COOPERATION BETWEEN FIRST ISLAMIC INVESTMENT BANK AND INTERNATIONAL REAL ESTATE COMPANY.(Land Lease Real Estate Investment GMbH)(Brief Article)
IPR Strategic Business Information Database, February, 2003
A-Sharq Al-Awsat newspaper quoted a notice published in mid-December 2002 by the First Islamic Investment Bank announcing the cooperation with the international real estate company, Land Lease Real Estate Investment, GMbH, which controls the Crisnet Euro Industrial 1 Company, which in turn owns five to eight huge warehouses to store and distribute industrial goods nationwide in Germany.
The Land Lease company is a real estate company listed on the Australian Securities Bourse which operates in forty-three countries on six continents and has assets worth $49.1 billion. The First Islamic Investment Bank was established in 1997 and operates in Bahrain.
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