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GBP100 million Saudi Arabian - United Kingdom fund completes 2nd real estate acquisition

Thu, 2012-06-07 08:38 — newsdesk

Sidra Capital (Sidra) and Gatehouse Bank (Gatehouse) finalized their second real estate acquisition in the United Kingdom Real Estate Fund (SURF) for GBP 22.4million.
The fund will deliver a diverse real estate portfolio in the UK, providing Saudi Arabian investors access to one of the world's most transparent and well-regulated markets.
The SURF fund has the purpose to hand over an average annual distribution yield of 7.00%.

Source: 

http://www.zawya.com/story/GBP100m_Saudi_Arabian__United_Kingdom_fund_co...