Islamic Finance: Gulf Finance House (GFH) launches Gulf Atlantic Real Estate II
Leading Islamic Investment Bank, Gulf Finance House (GFH), announced the launch of Gulf Atlantic Real Estate II (Gare-II), a shariah-compliant British commercial property fund. The fund, GFH said, builds upon the success of its first United Kingdom property fund, Gare, which was successfully exited three years ago, delivering excellent income and total returns for investors.
The launch of Gare-II follows an extensive study of British commercial property market by GFH’s real estate fund-management team. The study, which also reviewed other European markets, clearly identified a rare, cyclical buying opportunity in the UK commercial property market, following significant falls in the value during the last six months.
Islamic Finance Resource 