Rasmala Investment Bank Limited

Also known as: RIBL Last updated on: 20 July 2020

ADIB provides financing to Rasmala Long Income Fund for the acquisition of a £28.6M (AED 148.7M) Tesco let supermarket in the UK

The property, which was constructed in 2012, extends to 100,365 sqft and is leased to Tesco Stores Limited (the UK's largest supermarket chain) on a 25-year full repairing and insuring lease with 15.8 years remaining (with no tenant break options), at a rent of £1.46m (AED 7.59M) per annum which is subject to 5 yearly index linked upwards only rent reviews

Press Release - 26-May-2021

Find Out More Information

Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.


Company information provided by Refinitiv

Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

Find Companies