Bahrain-based Islamic investment bank Gulf Finance House (GFH) said on Thursday it is launching Gulf Atlantic Real Estate II (GARE II), a Shariah-compliant fund targeting distressed property in the UK commercial real estate market. 'This fund builds upon the success of GFH's first UK property fund, Gulf Atlantic Real Estate (GARE), which was successfully exited in 2005,' GFH said in a statement.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
