GII keeps toehold in luxury residency investments 

Gulf Islamic Investments Group (GII) may have deepened its focus on four business verticals of education, food, healthcare and logistics, with a plan to triple its AuM by 2030, eyeing a US$10 billion valuation – but it is keeping a toehold on luxury residences in the UK.

There is a very social rationale for its current offering of The Lucan – 31 bespoke residences developed in partnership between GII, GRID Properties and Marriott International. As standalone properties, these units offer exclusivity to high-net-worth individuals – with custom services to Shariah-inclined investors.

Since the July 2025 soft launch, about half of the units have been sold – priced from GBP2.2 million (US$2.95 million). GII is anticipating a similar response to its other UK residency project that is still under development.

Such projects have served GII well and formed a key driving force for the group’s expansion into Saudi Arabia in 2024 – where its total AuM has grown to about US$3.5 billion with over US$1.1 billion in real estate ventures.

With much of its investor funding being of Saudi origin, GII is also taking the cue from its clientele to be part of the Kingdom’s economic transformation journey – giving extra focus to key verticals of education and healthcare.

Co-Founder and Co-CEO Pankaj Gupta said significant developments have taken place to expand GEMS Education – which it acquired for about US$2 billion in mid-2024 – into Saudi Arabia, leveraging on the multi-decade expertise of this world’s largest kindergarten-to-12th grade private education provider.

Another key growth sector that GII is driving within Saudi Arabia is that of healthcare – via the Almeswak Dental Clinics and Abeer Medical Company chain. These facilities are plugged into medical expertise in major cities – including the UK – which is another reason why GII remains cognizant of possible residential projects which its clientele could be associated with.

Gulf Islamic Investments Group (GII) may have deepened its focus on four business verticals of education, food, healthcare and logistics, with a plan to triple its AuM by 2030, eyeing a US$10 billion valuation – but it is keeping a toehold on luxury residences in the UK. There is a very social rationale for its current...

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