| Gatehouse Bank, the UK subsidiary of Securities House Kuwait, said on Tuesday it is the new owner of the Debenhams department store in Leeds city centre in the north of England.
The sharia-compliant investment bank bought the 107,000 sq ft building for £33.4m ($52.6m) from accountancy firm KPMG, receiver to a failed Irish property company. It is Gatehouse's second acquisition in the Yorkshire city after it bought the BT building in Sovereign Street for £40m in 2010...............................................Full Article: Source
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