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Islamic Finance Briefing - Categorized | Banking, Investment, Market Moves more

Gatehouse Bank delivers GBP43 mln investment opportunity to GCC investors

Posted on 07 July 2010

Gatehouse Bank plc (Gatehouse), the London based Shariah compliant wholesale investment bank, has completed the acquisition of a prime office building in Leeds, UK for £43.719 million.
Working closely with its sister company GSH Kuwait, Gatehouse delivered to its GCC investor clients a unique investment opportunity that provides an average cash yield of 9.1% per annum net of all fees, costs and local taxes, with distributions to be paid monthly over a 3 year investment period……………………………………….Full Press Release: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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