NEWS

Gatehouse Bank acquires Omega Plc building for £16.3 million

Gatehouse Bank plc (the “Bank”), the London-based investment bank specialising in Shariah-compliant products and services, is pleased to announce that it has purchased the freehold interest of the Omega Plc building at Capitol Park (the “Park”) in Thorne, Doncaster from Omega Plc for £16.3 million – reflecting a net initial yield of 7.25%. Capitol Park is located off Junction 6 of the M18, providing plots of prime industrial real estate space with efficient and reliable transport links. The Park was part-financed by the Yorkshire and Humber European Regional Development Fund Programme and is currently home to industry leading companies including BMW Ltd, Cooper Lighting and Truck Hydraulics.

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Gatehouse Capital is regulated by the Capital Markets Authority of the State of Kuwait - the regulatory authority responsible for the development and supervision of investment advisory companies operating in Kuwait.

 

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