ADIB offers $24.7m for UAE client to acquire UK Business Park
Abu Dhabi Islamic Bank (ADIB) has provided $24.7m (AED91m) in Sharia’a-compliant structured financing for a private UAE-based client, which will be used to acquire a $38.4m (AED141m) business park on the UK’s south coast to provide the client with a cash-on-cash return of 8%. The Grange Road Business Park, located…
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