RiverBay Capital, a London-based firm, today announced the launch of their investment drive to seek out large-scale projects with asset management potential in Jordan. This is a major move for RiverBay Capital on its mission to provide Europe with institutional access to markets in the Middle East.
“Jordan represents a unique and strategic opportunity for global investors. We are looking forward to strengthening our ties further in the region”, says Devan Gohil, Director at RiverBay Capital.
The firm’s new mandate is likely to see a significant flow of overseas capital being deployed in the country over the coming years, with a special focus on retail and hospitality sectors.
While the pandemic has dampened local market conditions, the news is likely to be welcomed by many as a sign of recovery post COVID-19 and investment confidence that aligns with Jordan’s economic development initiatives.
RiverBay Capital is an independent alternative investment firm headquartered in London, United Kingdom. The firm has successfully established itself as a bridge between real estate markets in Europe and the Middle East.