“GII” Investing 100 million Pounds to develop a premium residential apartments in London.
Dubai: 13th Feb 2017
“Gulf Islamic Investments” LLC (“GII”) and Northacre PLC announced Northacre’s appointment as development manager for a new boutique luxury residential development in the heart of Chelsea. UAE-based GII acquired the site, formerly the Chelsea Police Station.
GII recognised the potential for the former Chelsea Police Station site before appointing Northacre as development manager. With its 25 year history of creating some of London’s most landmark destination developments including No.1 Palace Street, The Lancaster’s and Kings Chelsea, Northacre is well equipped to create something extraordinary for the area.
Niccolò Barattieri di San Pietro, CEO of Northacre comments;
“We are excited to work with GII on this prestigious new project, in a highly desirable location in the heart of Chelsea. Northacre’s previous developments include some of Chelsea’s most sought-after residences and we look forward to creating a remarkable new boutique offering that complements the area’s distinct charm.”
Mohammed Al-Hassan, CEO of Gulf Islamic Investments comments;
“We look forward to working with Northacre which, with its unrivalled experience in Prime London property development will create an exceptional residential offering in a very special location. Choosing unique partners is always a priority for GII.”
About Gulf Islamic Investments LLC
Gulf Islamic Investments LLC (GII) is a UAE-based financial services company regulated by the Emirates Securities and Commodities Authority (ESCA).Gulf Islamic Investments is committed to providing advisory to a diverse set of unique and well-structured investment opportunities to its clients, with a view to achieve superior returns in the fields of real estate, private equity, venture capital and infrastructure.
Under the leadership of a committed group of prominent shareholders and investors, GII’s team enjoys a track record of managing US$2.5 billion in assets and securing US$5.5 billion in debt.
The origin of GII comes from UNFC, which was established in 2004 and rebranded in May 2014
For further information please contact:
Corporate Communications Department
Boulevard Plaza II, Suite 1102
Downtown, Dubai – UAE
Tel: +971 4 3253686
Fax: +971 4 3253709
Email: [email protected]
© Press Release 2017
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