KUWAIT: Dimah Capital Investment Company, a subsidiary of Al Imtiaz Group, announced the company has established a subsidiary based in the United States named APEX Capital Investments Corporation during a press conference held yesterday. Vice Chairman and CEO of Dimah Capital Investment Company Hosam Nasser Al-Muzaiel said APEX Capital provides real estate investment services such as acquisition and asset management, in addition to being a strategic extension to Dimah Capital in the US.

"The US real estate market is vast and it is important for us and our investors to have a strategic presence there. APEX Capital will further enable us to explore and strengthen our investment opportunities on a wider range and manage our assets more efficiently, while further enabling us to improve the quality of our services to our clients," said Muzaiel. According to him, the US market is bigger than the European market presently. "We are currently present in the United Kingdom and the Netherlands, and are planning to expand to Germany soon," he concluded.

Senior Vice President and Head of Alternative Investments at Dimah Capital Waleed Mohammed noted that APEX Capital provides a wide range of services such as asset management and investment structuring and unique opportunities related to deal finalizing, finance structuring, loan scheduling and much more. "APEX Capital's services are not limited to Dimah Capital's ventures but provide real estate services to the local US market as well, as it is equipped with an entire team that possesses extensive years in the industry," Mohammed said. APEX Capital CEO John Gaghan said the US economy is very strong now and that the real estate sector in the US is performing very well.

By Nawara Fattahova