Alzayani named Chairman of GFH real estate unit Roebuck
CONSTRUCTION NEWS
Bahrain-based GFH Financial Group, a leading entity with interests in key sectors such as asset management and real estate, has announced the appointment of Zayed R. Alzayani as the Chairman of the Board of its subsidiary Roebuck, a Pan European real estate logistics investor and asset manager headquartered in London.
GFH had in December 2020, acquired a majority stake in Roebuck, which has managed assets across the UK and Europe with a total assets under management of £1 billion ($1.35 billion) covering 30 million sq ft of gross leasable area.
Founded in 2009, Roebuck said its primary focus has been on the acquisition and management of logistics real estate assets. It has currently 90 total assets managed across the UK and Europe, such as Spain, Belgium, France, Germany, Ireland, and Czech Republic, it stated.
Alzayani brings to Roebuck’s Board nearly four decades of experience spanning senior leadership roles in the public and private sectors. He is a former Minister of Industry, Commerce & Tourism of the Kingdom of Bahrain, and former Minister in Charge of the Bahrain Bourse.
This comes in addition to more than 25 years of experience in private holdings and enterprise, leading some of the GCC region’s most successful operating companies across sectors.
Alzayani is also the Chairman of multiple Boards including Alzayani Investments, Euro Motors, Zayani Leasing, Zayani Industries, Zayani Properties, and Gulf Air Holding Company, among others.
He holds a BSC in Business Administration from the University of Bahrain and an MBA Finance from Boston University, Boston, Massachusetts, US.
On the appointment, Hisham Alrayes, Group CEO of GFH, said: "We are honoured to welcome Zayed R. Alzayani to Roebuck’s Board of Directors as Chairman. His deep experience across key industrial sectors is a huge asset to Roebuck and GFH’s efforts to continue to expand its portfolio of blue-chip industrial and logistics assets in the UK, Europe and key GCC markets."
"We look forward to benefiting from Mr. Alzayani’s vast expertise and his track record of strategic leadership at the highest levels," he stated.
A Pan European group,, Roebuck also brings to bear additional expertise managing assets on behalf of an extensive and diverse group of institutional investors and UHNWIs from the UK, Europe, South Korea, South Africa, India, and Malaysia.-TradeArabia News Service
