GFH Expands Stake in Seef Properties to 27.98%
Deal News | May 27, 2025 | GFH Capital
GFH Financial Group, a leading financial institution based in Bahrain, has announced an increase in its ownership of Seef Properties to 27.98%, following the acquisition of an additional 15.63% stake. This move is in line with GFH's strategy to reinforce its investment portfolio with strategic assets. Hisham Alrayes, CEO of GFH, expressed the group's enthusiasm about deepening its investment in a company that has shown resilience and growth in Bahrain's real estate sector. The acquisition is seen as a means to create additional value for GFH shareholders through the exploitation of Seef Properties' growth potential. With an extensive portfolio of $22.48 billion in assets across various sectors including logistics, healthcare, and technology, GFH aims to enhance Seef Properties' success by leveraging its resources and expertise. GFH is recognized for its diverse investment and banking operations, with listings on multiple stock exchanges in the GCC region.
Sectors
- Real Estate Development
- Investment Management
Geography
- Bahrain – The primary location for both GFH Financial Group and Seef Properties, indicating the geographical focus.
- MENA region – GFH's investment activities extend across the Middle East and North Africa, showcasing its regional involvement.
Industry
- Real Estate Development – Seef Properties is a leading real estate development company in Bahrain, emphasizing its role in this industry.
- Investment Management – GFH Financial Group, the parent company, is involved in investment management, making this industry relevant.
Financials
- 27.98% – The total shareholding percentage GFH now owns in Seef Properties after the acquisition.
- 15.63% – The additional stake acquired by GFH in Seef Properties.
- US$22.48 billion – Total assets and funds managed by GFH Financial Group across various sectors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GFH Financial Group | Bidding Company | Company | A financial group based in Bahrain, involved in acquiring additional shares in Seef Properties. |
| Seef Properties B.S.C. | Target Company | Company | A real estate development company in Bahrain, targeted for increased ownership by GFH. |
| Hisham Alrayes | CEO and Board Member | Person | CEO of GFH Financial Group, providing strategic insight on the acquisition. |