UK: Kuwait Financial Center (Markaz) acquired a 200,000 square-foot warehouse in South East England , located 35 miles southeast of Central London, with a GBP17.25 million Shariah financing provided by Bank of London and the Middle East. The deal, part of a joint venture with Delin Property, marks the first acquisition of UK real estate for Markaz – a Boursa Kuwait-listed asset management and investment banking institution in the MENA region with total assets under management of over KWD1.41 billion (US$4.57 billion) as of the 31st December 2024.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums