Arcapita Is Said to Weigh Listing Middle East Real Estate Assets

Alternative investment firm Arcapita Group Holdings is considering setting up a real estate investment trust to house its Middle Eastern property assets, according to people familiar with the matter.

The firm has reached out to banks about setting up a REIT, the people said, asking not to be named as the information isn’t public. The vehicle will hold assets worth at least $1 billion, according to one of the people.

The plans are still at an early stage and no final decisions have been made. The company could consider other options for its property portfolio or eventually decide against setting ...