30 Jul 2012
(MENAFN) Bahrain-based investment firm Tadhamon Capital has acquired, along with UK’s Apache Capital Partners, a prime Central London accommodation development for USD70.8 million, Arabian Business reported.
The partners said in a statement they had acquired the Paris Gardens in a joint venture with McLaren Property.
The student accommodation development is scheduled to be completed in September 2013, the partners’ firms added.
Paris Gardens lies within the London Borough of Southwark, on the south bank of the River Thames and is within minutes of walking distance from some of London’s major universities including King’s College London, London South Bank University, City University, University of Westminster and London Business School.
The development includes a nine-storey and 13-storey buildings to host a total of 253 beds, a common room and communal courtyard, and an art school of 33,230 sq ft across three floors.
Victoria Hall, a specialist student accommodation company, will manage the student accommodation.
The transaction is part of Tadhamon Capital and Apache Capital Partners’ managed social infrastructure investment platform with current gross assets under management of USD140 million.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more