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  NIBRAS II REAL ESTATE FUND  
  A residential and commercial real estate fund in the Iskandar Development Region, Malaysia.  
 
Transaction Date: June 2008
Fund Size: $125,000,0000
Expected IRR: Above 15%
Projected Annual Cash Yield: Above 8% distributed quarterly
Expected Holding Period: 5 Years
 
 

GSH undertook an underwriting and placement agent role with a 10% stake of US $12,500,000 in the Nibras II fund managed by Kuwait Finance House Malaysia and its partners Khazanah Nasional Berhad and Jumeirah Capital Dubai. The Fund will develop a residential area, a logistics village and a creative park within the Iskandar Development Region.