London-based Gatehouse Bank, a Shariah-compliant investment bank, announced that Richard Thomas OBE, will relinquish his current responsibilities as CEO and will move to Malaysia to link Islamic financial hubs.
In his new role wit
Gatehouse Bank, a Shariah compliant investment bank based in London, has completed the sale of the Procter & Gamble (P&G) UK headquarters building, in a deal worth GBP33.68 million ($54.12 million).
The sale representing a
Sterling United Kingdom Real Estate Fund (Surf), a joint venture between Saudi-based Sidra Capital and UK-based Shariah compliant bank Gatehouse, has distributed higher than expected net dividend of 7 per cent (annualised) to its investors.
Gatehouse Bank, the Kuwait owned Islamic investment bank based in London, has completed the GBP33.4 million ($53 million) acquisition of the Debenhams department store in the centre of Leeds in the UK.
Working closely with its sister co
Gatehouse Bank, the London-based Islamic investment institution, has posted a first-half profit of more than $3.2 million, exceeding projections by nearly 10 per cent.
Income for the six months amounted to $9.7 million compared wi
Gatehouse Bank, a wholesale Sharia-compliant investment bank based in London, has completed the multimillion-pound acquisition of the Bridge View and Consort House in Aberdeen.
The deal should provide a projected average annual cash yield
Gatehouse Bank, a London-based wholesale Sharia-compliant institution, has been named by Global Finance magazine as the Best Islamic Real Estate Finance Provider, at the World's Best Islamic Financial Institutions 2012 awards.
"We are plea
Gatehouse Bank, a London-based Sharia-compliant investment bank, has announced the successful delivery of its realised investment in UK real estate through the sale of two properties in a deal worth £34.4 million ($55.5 million).
London-based Sharia-compliant wholesale investment bank Gatehouse, sister company of GSH Kuwait, has completed the acquisition of a prime office building in Leeds for £43.7 million ($66.4 million).
Working closely with its sister company G