Sidra Capital Advises On First Property Acquisition in USA Worth SAR 350 Million

Sidra Capital Advises On First Property Acquisition in USA Worth SAR 350 Million

South Carolina leased to a subsidiary of Amerisource Bergen Corporation (Amerisource), a Fortune 500 company. The property is a 23,000 square meter of office accommodation over five floors with 1,485 car park spaces “This transaction will inevitably widen our geographical footprint and help in the search for future acquisitions,” said Hani Baothman, Vice Chairman of…

Sidra Capital Seals Acquisition of SAR 460 million Central London Landmark Property

Sidra Capital Seals Acquisition of SAR 460 million Central London Landmark Property

The building which is located near Trafalgar Square in Central London was bought for SAR 460 million of German fund manager GLL Real Estate. The six-storey building was redeveloped in 2001 and provides 5710 square meters of offices and 930 square meter of restaurant space. The office space is let to McKinsey & Co until…

Hani Baothman Sidra Capital: “Eden Project Shows Commitment of Saudi Investors to Invest in Saudi Arabia”

Hani Baothman Sidra Capital: Eden Project Shows Commitment of Saudi Investors to Invest in Saudi Arabia

The group consisting of Al Murjan Holding; Mohamad Zouheir Al Azem, partner in Nawa Real Estate Development LLC (Nawa); and Amer Zein El Abdin, President of National Marketing Co Ltd., have entered into a joint venture to develop the project with Nawa being appointed as the development manager for the project. “This project indicates the…

Sidra Capital Advises On Their Next London Luxury Residential Project: Hamilton Drive At St. John’s Wood

Sidra Capital Advises On Their Next London Luxury Residential Project: Hamilton Drive At St. John’s Wood

A luxury residential development project in St. John’s Wood, London. Hamilton Drive is a project designed by Robert Adam, a world renowned leader in traditional and classical architecture. Located in St John’s Wood, one of the most affluent parts of London, near to the iconic Abbey Road zebra crossing made famous by the Beatles, this…

Sidra Capital and 90 North Advise on Acquisition of Largest Retail Park in Sheffield Worth SAR 353 Million

Sidra Capital and 90 North Advise on Acquisition of Largest Retail Park in Sheffield Worth SAR 353 Million

Sidra Capital is acting as Strategic Advisor while  90 North is acting as Property & Investment Advisor. Drakehouse is the largest retail park in Sheffield at 21,000M².  The purchase price of SR 353M (£61.7M) represents a net initial yield of 6.4% and is the single largest transaction Sidra Capital has worked on. Situated within a…

Hani Baothman: Structured Trade Finance, Low Risk, Sustainable Returns

Hani Baothman: Structured Trade Finance, Low Risk, Sustainable Returns

Sidra Capital’s CEO, Hani Baothman will be on the panel on real estate discussing current trends in the housing market and possible solutions while structured trade finance will be the core theme on the exhibition floor. “Euromoney Saudi Arabia Conference in its 10th edition will be under very close scrutiny by the public and private…

Sidra-Ancile Fund – Largest Islamic Structured Trade Finance Fund In The World

Sidra-Ancile Fund – Largest Islamic Structured Trade Finance Fund In The World

The fund that is co-managed by Saudi based Sidra Capital and Swiss based INOKS Capital has made 135 short term investments as to 2014 across a variety of geographies and soft commodities. “This is a major milestone for Sidra Capital and our partners INOKS Capital. The majority of the investors are from the GCC which shows that…

What Comes After The Oil Slump?

What Comes After The Oil Slump?

Falling oil prices will have an impact on capital investment cycles in MENA oil producing countries. How well will MENA/OPEC producers cope with lower oil receipts? Discussing the oil price volatility, its meaning and impact was oil expert and CEO of Petroleum Policy Intelligence, Bill Farren-Price at an oil expert panel in Riyadh organized by…

Inoks Capital – Sidra Capital Win IFN Most Innovative Deal Of The Year 2014

Inoks Capital – Sidra Capital Win IFN Most Innovative Deal Of The Year 2014

Alongside its partner, Inoks Capital have been named by Islamic Finance News (IFN) as the winner of the publication’s “Most Innovative Deal” Award as part of the IFN Deals of the Year 2014. The accolade is for Sidra Capital’s advisory role in a EUR7.5 million (US$9million) financing arrangement that is part of a massive effort to build…