EVENT: Huge Turnout for ABA Real Estate Seminar
The ABA's "Investing in UK Real Estate" seminar, held at the Association's offices on 17 June, attracted over one hundred members and friends. Presentations addressed trends in the UK residential and commercial property markets and the growth of Islamic real estate finance.
The seminar began with Sophie Chick from Savills providing detailed statistics on the revival of London's residential property market, with charts showing how the London market compares to other regions in the UK. She was followed by her colleague, Steven Lang, who addressed the commercial property market, including likely price and yield trends in the City over the next few years. Both presentations are attached full below.
Keith Leach, from ABC International Bank, and Wasim Khan, from Norton Rose Fulbright charted the rise of Islamic property finance in the UK, giving details of structures used and how tax treatment differs from that applied to conventional property finance. Both presentations are attached below.
Michael Bowles, from National Bank of Kuwait, spoke on how conventional real estate finance is evolving in the UK.
The seminar was moderated by Faisal Alshowaikh, the Head of Islamic Financial Services at ABC International Bank.
After the seminar, participants and speakers enjoyed a buffet dinner.
Photographs from the seminar and the buffet dinner are attached below.
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