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%.