Sidra Capital, the Shari’ah-compliant financial services company, have increased their U.K. presence by investing in a large commercial property leased to two leading British retailers at Great Western Retail Park, Glasgow. The long-term income-generating acquisition in Scotland, allows Sidra Capital to consolidate its holding on the park by adding retail brands Sainsbury’s and Pets at…
LONDON, UK, August 2018 – Sidra Capital, a Shari’ah-compliant financial services company, has acquired the Travelodge Terminal 5 Hotel at Heathrow Airport from Aberdeen Asset Management at a cost of £40 million. This is Sidra Capital’s first hotel acquisition in the UK and second transaction involving Aberdeen Asset Management in 2018. The 297-bedroom hotel sits…
AMSTERDAM, August 2018 – Sidra Capital, a Shari’ah compliant financial services company, has acquired the BrandLoyalty Headquarters office building in Den Bosch, The Netherlands, for €42.8 million from a private investor in an off-market transaction. This represents Sidra Capitals’ first acquisition in the Netherlands as part of its pan-European core investment strategy. The state of…
Sidra Capital, acting as Strategic Adviser, and 90 North Real Estate Partners (“90 North”), acting as Property and Investment Adviser, have acquired the brand-new Quest Apartment Hotel (“Quest”) in Greater Springfield, Queensland, in a transaction worth A$24.3 million. This transaction marks Sidra Capital’s first foray into the Australian market in search of high quality, Shari’ah…
Few parts of London have as much medieval magic and history as Holborn, once a borough in its own right. The district stretches from Smithfield to Covent Garden, taking in the Hatton Garden jewelry quarter and Chancery Lane’s Inns of Court. Although it has been “urban” since the Middle Ages and still hosts ancient trade…
Sidra Capital’s announced its second foray into the US market. The Saudi based alternative investment house, completed the acquisition of Mercy Health headquarters in Cincinnati amounting to USD 90 million. The property which comprises of 34,000 square meters of office space is leased to Mercy Health, a premier health care provider who received A+ (Standard…
“The establishment of our Riyadh office is based on our success achieved in the field of real estate investment inside and outside of Saudi Arabia over the past years. A strong track record of in the UK real estate market since 2011 made income generating real estate products one of our pillars of success.” said…
“We keep an edge over our competitors by listening to investors, keeping abreast with their needs and responding to their requirements for capital preservation, and stable recurring income, in a world of uncertainty,” said Hani Baothman, Vice-Chairman of Sidra Capital. “This year we managed to replicate and exceed our success of 2015. Robust increases in…
Available to male and female applicants. The program aims to prepare young Saudis for a career in the field of finance. “We believe that this rotational program will give our young professionals and ourselves a competitive edge in the market,” said Currim Oozeer, CEO of Sidra Capital. “Our true assets are the people that work…
As a result, Sidra Capital hosted an evening with Ben Stroud, head of residential at JLL MENA to discuss the latest developments in the UK real estate market post Brexit. “Despite the apparent problems Britain faces after the Brexit, we still believe that there is opportunity, especially in the London real estate market, “said Hani…
