QInvest launches real estate securities fund in partnership with PREI

QInvest, Qatar's leading investment bank, has launched the QInvest Pramerica Liquid Real Estate Fund in partnership with Pramerica Real Estate Investors, which operates as Prudential Real Estate Investors in the Americas, South Korea and Japan.

PREI, which will serve as the subadviser of the fund, is one of the largest real estate investors in the world with gross assets under management of $61.5 billion.

“This new fund leverages the substantial infrastructure of Pramerica’s fully integrated global real estate organization, which has been investing in direct real estate since 1970, and the deep local knowledge and investment expertise that we have been deploying to manage REIT portfolios and funds at Pramerica for the last decade,” said Marc Halle, head of global real estate securities at PREI, in a statement.

The new fund will invest exclusively in high-yielding Shariah-compliant REITs and other real estate–related securit