UK: Shariah compliant independent investment advisory firm, 90 North Real Estate Partners, has completed its second real estate transaction: acquiring a GBP46 million (US$71.14 million) student village in the city of Canterbury.
Philip Churchill, its founder partner, noted that with the latest transaction 90 North has concluded GBP150 million (US$231.98 million)-worth of deals in the student sector.
The Canterbury acquisition follows the company’s purchase of conglomerate Siemens headquarters in the district of Lincoln, amounting to GBP18 million (US$27.84 million).