Dubai – Mubasher: Amanat Holdings has acquired the real estate property of Cambridge Medical and Rehabilitation Centre’s (CMRC) facility in Abu Dhabi for AED 46 million and launched its social infrastructure platform.

In line with Amanat’s strategy to create a social infrastructure platform, the transaction is the company's first investment in healthcare real estate, according to a press release on Sunday.

The acquisition comprises 6,000 square metres of land and a built-up area of 6,600 square metres, including two three-leveled building blocks with 106 inpatient licensed beds alongside rehabilitation facilities with 14 outpatient rooms, three gyms, and a series of other amenities.

The social infrastructure platform will enable the company to create a diversified portfolio of real estate assets and offer sustainable long-term lease relationships.

Amanat’s Chairman, Hamad Alshamsi, said: "We are assessing a series of opportunities to support us in delivering solid and sustainable returns to our shareholders by investing in the real estate of our leading assets."

Meanwhile, the CEO of Amanat, Mohamad Hamade, commented: "Our Social Infrastructure Platform will target strategic real estate acquisitions with attractive yields to promote stable landlord and tenant relationships in the future."