Gulf Finance House to launch UK real estate fund

17 September 2008
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, is expected to launch a UK real estate investment fund after Ramadan to capitalise on falling prices in the country.

The five-year fund could be as large as $200m.

It will be the latest in a number of sharia-compliant UK property funds launched by the bank, following the launch of Gulf Atlantic Real Estate funds in 2005.

A survey by GFH has revealed that a number of opportunities exist for buying in the UK market, which is experiencing a downturn in real estate prices.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications