Qannas Investments has sold its investment in Marina 101 to Sheffield Holdings Limited (which developed it) and will receive proceeds of AED 60.3m ($ 16.4m), making a 51% return on its investment in two years, equivalent to an IRR of 22.8%.
Qannas Investments has sold its investment in Marina 101 to Sheffield Holdings Limited (which developed it) and will receive proceeds of AED 60.3m ($ 16.4m), making a 51% return on its investment in two years, equivalent to an IRR of 22.8%.