backKing & Spalding advised on Islamic Finance News (IFN)’s Real Estate Deal of the Year for 2025.
King & Spalding advised GFH Partners Ltd (GFHP) on its strategic investment in Manrre REIT (CEIC) PLC (Manrre), which won the 2025 Real Estate Deal of the Year award from Islamic Finance News. Manrre is a leading Dubai-based real estate fund specialising in institutional-grade logistics and industrial assets across the UAE and the GCC region. Manrre’s portfolio, valued at approximately AED 500 million, comprises 26 high-quality industrial and logistics properties, and it is one of the largest funds in this sector in the UAE. In connection with the transaction, Manrre was converted into a Shari’ah compliant investment vehicle, enabling the Fund to further broaden its investor base and accelerate its expansion into high-demand markets such as the UAE and Saudi Arabia. At closing of the transaction, GFHP assumed the position of fund manager of Manrre.
Dubai-based GFHP is a global real estate investment and asset management fund with US$6.5 billion in assets under management.
The cross-office King & Spalding team was led by James Stull and Malek Al Rifai, with assistance from Dora Chan, Mohammed Basama, Layla D’Monte, Saud Aldawsari, Benedict Grima, Husni Al Far, Salma Alheraiqi and Husam Alhmary.