News & Views

  • 13/3/2019

    Press Release – Commercial Property Executive – FBI Building in Denver Sells for $73M

    USAA Realty purchased the 175,000-square-foot Class A office asset in the city’s Stapleton neighborhood from 90 North Real Estate Partners, in a deal brokered by JLL. USAA Realty has acquired a four-story Denver office building that is 100 percent leased to the Federal Bureau of Investigation. JLL arranged the $72.9 million deal. Independent investment advisory […]

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  • 13/3/2019

    Press Release – 90 North acquires Mercedes-Benz new Dutch HQ in Holland

    90 North Real Estate Partners LLP (“90 North”) acting as Property and Investment Adviser has acquired from Laaggraven Investments B.V. the new Mercedes-Benz (‘Mercedes’) Dutch HQ in Nieuwegein, Utrecht for a private investor in a transaction worth €27.9M. The Property has been substantially remodelled and redeveloped over last 12-months to provide 12,273 Sqm of office […]

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  • 1/2/2019

    Viewpoint – Real estate: Recognizing global quality

    Shariah compliant real estate investment has long been an established product offering for Islamic investment managers. The allure of bricks and mortar remains, frequently with an attractive income component compared to equities or Sukuk. While tenant use of course needs to be monitored, the basics of real estate investment suit Shariah principles well, with a […]

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  • 25/1/2019

    Press Release – Commercial News Media – 90 North and Sidra Capital exit Irwin Mitchell’s office HQ in Sheffield for £24.65m

    90 North Real Estate Partners LLP (“90 North”), acting as Property and Investment Adviser and Sidra Capital acting as Strategic Adviser, have sold Riverside East – UK law firm Irwin Mitchell’s UK Headquarters in Sheffield – in a transaction worth £24.65M. The buyer is the Corum XL Fund. The property was built in 2005 and […]

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  • 10/1/2019

    Viewpoint – Aussie opportunities

    A recent visit to our current and pipeline properties in Australia accentuated to me what a great opportunity Australia offers Islamic real estate investors, with the extremes of forest fires in the north and flash flooding in Sydney to the south emphasising the vast scale of the country. The opportunity is largely driven by population […]

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  • 21/11/2018

    Viewpoint – Tartan pursuit

    Islamic investment into Scottish real estate is nothing new. Indeed, I made my first Shariah compliant investment north of the border more than 12 years ago. But recent evidence suggests that tartan is currently very much in favour among investors. Proving Islamic investors’ ability to judge each location on its merits, that first acquisition was […]

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  • 31/10/2018

    Viewpoint – Double your money?

    It was only three years ago that we were concerning ourselves with the seemingly inexorable fall in oil prices, concerned that at some point it would impact the Islamic world’s ability to purchase properties. Well, since January 2016, oil prices have now doubled but has Shariah compliant real estate investment doubled as well? As oil […]

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  • 27/9/2018

    Viewpoint – Scream 2.0

    Reflecting on the recent IFN UK Islamic Finance Week, for which 90 North was very proud to be a sponsor, it occurred to me that we are seeing a fundamental shift in Islamic investors’ approach to real estate investment. Perhaps we should call it a new stage in Shariah compliant real estate asset management, or […]

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  • 31/8/2018

    Press Release – CoStar – Malaysia’s KWAP teams up with 90 North for drive into UK student homes

    Malaysian fund Kumpulan Wang Persaraan (KWAP) has teamed up with 90 North Real Estate Partners to build a platform in the UK student housing market with the initial acquisition of a portfolio from IP Investment Management and Maven Capital Partners for £39.8m. The portfolio of two newly developed purpose-built student accommodation assets totals 360 beds. […]

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  • 24/8/2018

    Viewpoint – Halal hotels: Renewed interest

    While Islamic investment into hotels outside of the GCC is nothing new, the last three months or so have been particularly active, suggesting a softening perception among Shariah compliant investors of this sector. Here at 90 North, we made our first hotel acquisition at the beginning of 2016, being a Travelodge fairly close to London’s […]

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