Emirates REIT, managed by Emirates REIT Management (Private) Limited acquired 22,000 sqft of commercial space in Index Tower from EFG-Hermes Private Equity for $8.8 million on December 18, 2013. As per the terms of the deal, Emirates REIT issued 0.6 million shares approximately 4% of its shares outstanding.

Emirates REIT, managed by Emirates REIT Management (Private) Limited completed the acquisition of 22,000 sqft of commercial space in Index Tower from EFG-Hermes Private Equity on December 18, 2013.