The Abu Dhabi-based real estate developer Sorouh Real Estate PJSC has plans to begin marketing an AED 4 billion ($1.08 billion) Shariah compliant securitization over the next few weeks, according to market reports.

Citigroup, First Gulf Bank, Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Noor Islamic Bank have been mandated as joint leads on the deal. Citi is the global coordinator for the transaction.

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