Dec 21 2013
In This Article
Gulf Finance House
Continues to eye opportunities in UK real estate markets
Bahrain, 21 December 2013:
GFH
Capital, a fully owned subsidiary of Bahrain based
Gulf Finance House
, today announced the completion of the acquisition of a prime central London residential property.
Located in Kensington, the property is a Grade II listed building, overlooking the Queens Gate Gardens. This investment is in line with
GFH
Capital’s strategy to identify attractive opportunities in developed markets like the UK, where it has already made considerable investments.
Commenting on the acquisition, Mr. Hisham Al Rayes, Managing Director of
GFH
Capital, said: “We are delighted to announce the conclusion of another successful transaction in the UK. The property we have acquired is located in the heart of prime central London, where we expect above average capital appreciation to continue over the medium term. Demand for this type of property is coming from investors all over the world and we expect this dynamic to continue due to the favorable conditions of London.”
Mr. Salem Patel, Head of Investments and Board member of
GFH
Capital, added, “We believe the prime central London residential real estate market will continue to perform strongly. However, we also see value and upside potential in other real estate markets such as the US and we expect to make additional investments in these markets as well.”
About
GFH
Capital Limited
GFH
Capital, formerly known as G Capital, is a Dubai based investment bank and fund manager, providing capital and strategic support for growth companies. With a 10-year track record of top-performing investments and fund management, G Capital was one of the region’s longest-established private equity firms and one of the first to be licensed by the Dubai Financial Services Authority.
GFH
Capital has undertaken and structured investments of more than USD 3 billion in over 40 companies and across 25 countries. The company has managed healthcare, technology, media, telecommunications (TMT) funds and financial institutions and is a regional leader and is a globally recognised participant in Technology and Health Care investment. It was commended by the International Chamber of Commerce (ICC), the foremost international business organisation, for incorporating and upholding strong principles of corporate governance.
GFH
Capital attracts funds from the Dubai Islamic Bank, the World Bank, GE, the Islamic Development Bank and regional investors including
Gulf Finance House
, SEDCO and several high net worth individuals.
GFH
Capital is a 100% subsidiary of
Gulf Finance House
.
© Press Release 2013
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