To strengthen its presence in America.. “GFH” acquires “Big Sky” Asset Management

Mubasher: GFH Financial Group announced today, Tuesday, that it has completed the acquisition of a majority stake in Big Sky Asset Management, a US-based real estate asset management firm focused on the promising and resilient healthcare sector.

The company said in a statement that this deal expands its presence in the United States, as part of its focus on attractive and defensive markets.

This follows the early May 2022 acquisition of US-based SQ Asset Management, a leading student accommodation company in major US states and cities.

Nael Mostafa, Co-Chief Investment Officer of GFH Group, said: “This acquisition is a key driver for the future growth of the group, providing us with strong management teams capable of executing our growth strategy and giving us a local presence, which it is a key ingredient to success in today’s marketplace. Big Sky’s proven track record will also reinforce our strong performance in the US markets, as well as our market knowledge there.”