SURF Second Acquisiton - Sterling United Kingdom Real Estate Fund completes 2nd Acquisition.

SURF Second Acquisiton - Sterling United Kingdom Real Estate Fund completes 2nd Acquisition.

Sidra Capital (Sidra), a Shariah-compliant financial services company based in the Kingdom, and Gatehouse Bank, a UK-based Shariah compliant bank specializing in UK real estate, have announced the completion of their second real estate acquisition in the United Kingdom Real Estate Fund (SURF) for GBP 22.4 million.

With the fund’s second acquisition in TDG UK, a major European logistics warehouse distribution center, Sidra Capital continues to harness investments that meet their asset's criteria for tenant profile and strength. Given a promising pipeline of potential acquisitions, SURF’s capital has been invested promptly and effectively..

Read More: http://www.arabnews.com/sidra-capital-gateway-bank-expand-real-estate-portfolio 

Tags: