Amanie Shariah supervisory board endorses Walton’s land investment product as Shariah-compliant

Singapore, 2 September 2020 – The Walton Group of Companies (“Walton”), an international real estate investment company specializing in providing innovative landbased real estate products concentrated on major North American growth corridors, announced that its Exit-Focused Land investment has been endorsed by the Amanie Shariah Supervisory Board (“Amanie”) as a Shariah-compliant investment product.

Walton’s exit-focused pre-development land investment provides an innovative solution to U.S. public homebuilders as they move to streamline and optimize their land inventory pipelines.

Walton identifies a parcel of pre-development land that a public homebuilder desires to develop in the near term. Concurrent to property acquisition, Walton enters into an Exit-Focused Letter of Intent with the builder. This allows the builder a fixed period of time to work on their development plan and to negotiate the terms of a phase-by-phase purchase of the property. Once ready to purchase and develop the property, the homebuilder is able to improve their return on capital by aligning land payments with home sales activity. In turn, investors benefit from a diversified stream of income for the duration of the development. By working with the largest public homebuilders and focusing on the fastest growing regions in the U.S., Walton is able to offer a unique way for investors to diversify their portfolios with exposure to the fast-growing U.S. housing market.