EVENT: ABA Real Estate Seminar Draws Big Crowd
Date: 18th June, 2015 Time: 06:00 pm - 08:30 pm
The latest ABA technical seminar drew a crowd of 80 members and friends on 18 June. Starting at 6pm at the ABA's offices in Upper Grosvenor Street, the event was followed by a buffet dinner that enabled participants to mix informally with speakers.
The seminar comprised six formal presentations:
Sophie Chick and Ben Raywood from Savills, who addressed property trends in London and the broader UK
Maisam Fazal, the head of commercial finance at Al Rayyan Bank and Wasim Khan, a partner at Norton Rose Fulbright, who both dealt with different aspects of the Shari'ah-compliant market
Michael Bowles, a senior real estate advisor at National Bank of Kuwait International, who addressed the commercial property sector
Simon Murphy Deputy Chief Executive and Chief Financial Officer of the Battersea Power Station Project, who updated listeners on the Battersea Power Station development.
The presentations by Savills, Norton Rose Fulbright and Al Rayyan are attached below. If you would like a copy of Simon Murphy's presentation please contact the Battersea Power Station development team directly: Amy Donovan, email@example.com. (The presentation is too big to be uploaded to our website.)
The Savills presentation includes a comparison of investment returns and costs in the London market, against those in other international centres. It also gives a long historical perspective - going back to the 1980s - on the price cycle.
The Norton Rose Fulbright presentation focusses in particular on changes to the regulatory environment as it affects British and foreign banks engaging in property transactions.
The Al Rayyan Presentation gives an overview of how Islamic finance can be used in Real Estate transactions, as well as a partial list of deals that Al Rayyan has worked on in the UK.
Some photographs from the event are given below.
More in Events
We partnered with Protect to offer our members a tutorial on whistleblowing requirements and good practices.
We held our Christmas party on 13 December. About 90 members and friends attended what was our fourth social event of the year. There are photos on th eGallery Tab of this website.
FTI Consulting delivered a tutorial to ABA Corporate Members on the management of the compliance function.
Six executives from the Prudential Regulation Authority briefed CEOs and other senior executives of Arab banks in London at the ABA's offices on 28 November. This was the latest in the regular series of briefings that the two UK banking...