07.07.2010 - Gatehouse Bank delivers GBP43 mln investment opportunity to GCC investors
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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