Bahrain’s Tadhamon exits London student property investment
Tadhamon Capital, the Bahrain-based Islamic investment company, has announced its successful exit from Paris Gardens – its first investment in a central London student accommodation property.
The sale of the 253-bed property, which was developed in a joint venture with McLaren Property in July 2012, saw investors of Tadhamon Capital achieve more than 70 percent return on their invested capital within a 30 month period, the company said in a statement.
Since completion in the summer of 2013, the property was fully let and has generated a stable net income of 8 percent to investors …