Banking and insuranceEconomicalEconomicalBanking and insurance

Bank Shahr’s real estate investment fund will start


According to the report of Iran Economist, citing Bank Shahr’s public relations, according to the issuance of a license from the Central Bank, the activities of Bank Shahr’s real estate fund will officially begin in the coming days.
Bank Shahr’s real estate fund helps investors to buy the investment units of this fund and instead of buying a property independently, they can participate in the real estate sector and receive profits.
Investing in Bank Shahr’s real estate funds, in addition to the appropriate return, brings less risk to the owners of the investment units.
This report adds that handing over the surplus properties of Shahr Bank is one of the most important achievements of the establishment of this fund for the bank. Using the capacity of institutions and capital market tools for the optimal transfer of bank properties, creating added economic value and realizing appropriate profit is also one of the advantages of establishing the real estate fund of Bank Shahr.
It is worth mentioning that the realization of the financial effects of this matter for Bank Shahr depends on the establishment and operation of the said fund, and the subsequent steps are being followed up, which will be sent to the honorable shareholders as soon as it is realized.

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