Bedford Row Capital Plc Launches First Sukuk For Uk Property Market - $50 Million, 3 Year Sukuk Will Give Investors Unique Shari’a-compliant Access To The Uk Property Market
Bedford Row Capital Plc (BRC), a global non-bank structuring specialist today announces the issuance of a $50 million, three year sukuk to finance the expansion of P1 Capital Ltd, (“P1”) a UK company with a proven track record and operating profits. P1 is a boutique asset-management group focusing on asset backed investments in the UK property sector. All investments are secured on UK property by legal charges, debentures and corporate / personal warranties. P1 carries out rigorous due diligence on all projects to protect investments and actively monitors performance throughout the lifecycle of projects.