GFH Capital, a totally owned subsidiary of Bahrain based mostly Gulf Finance Home, introduced the completion of the acquisition of a major central London residential property.
Situated in Kensington, the property is a Grade II listed constructing, overlooking the Queens Gate Gardens. This funding is in keeping with GFH Capital’s technique to determine engaging alternatives in developed markets just like the UK, the place it has already made appreciable investments.
Commenting on the acquisition, Mr. Hisham Al Rayes, Managing Director of GFH Capital, stated: “We’re delighted to announce the conclusion of one other profitable transaction within the UK. The property we’ve got acquired is situated within the coronary heart of prime central London, the place we anticipate above common capital appreciation to proceed over the medium time period. Demand for any such property is coming from buyers everywhere in the world and we anticipate this dynamic to proceed because of the favorable circumstances of London.”
Mr. Salem Patel, Head of Investments and Board member of GFH Capital, added, “We consider the prime central London residential actual property market will proceed to carry out strongly. Nevertheless, we additionally see worth and upside potential in different actual property markets such because the US and we anticipate to make further investments in these markets as nicely.”
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Supply: Press Launch