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Saudi-UK fund distributes higher dividendSterling 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. More… |
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Gatehouse seals $55m UK property dealGatehouse 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). The More… |
