Friday 29 March 2024
 
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Gatehouse Bank

Gatehouse moves key official to Malaysia

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

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Gatehouse advises $54m sale of P&G property

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

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Saudi-UK fund distributes higher dividend

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.

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Gatehouse acquires $53m UK store

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

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Gatehouse Bank posts H1 profit of $3.2m

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

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Gatehouse Bank makes key acquisition

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

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Gatehouse Bank wins top finance award

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

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Gatehouse seals $55m UK property deal

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). The

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GSH Kuwait group buys UK property

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

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