Urooj Makes a Strategic Investment Into 90 North

90 North Real Estate Partners LLP, a leading global real estate investment manager, today announces an exciting new phase in its 14-year history.

Philip Churchill, Founder and Managing Partner of 90 North, has formed a new joint venture with Urooj International Holding, the Kuwait-based private equity arm of AlHumaidhi Capital Group, to own 90 North.

From left: Khaled AlQahtani, CEO of Urooj, Philip Churchilll, Founder & Managing Partner of 90 North and Saoud AlHumaidhi

This partnership marks a pivotal moment for 90 North, signalling a renewed focus on leveraging technology and innovative strategies to drive future growth in the global real estate market. The collaboration is set to enhance 90 North’s capabilities and build upon its established track record of responsible and Shari’ah-compliant investments.

Philip Churchill, Founder and Managing Partner of 90 North, commented:

“I would like to express my gratitude to Nick, James, and Faisal for their contributions over the years, and am thrilled to warmly welcome Urooj to 90 North. Urooj brings a fresh and innovative dimension to our business, with extensive experience leading technology-driven investments. Their vision aligns perfectly with our commitment to precision and forward-thinking investment strategies, positioning us for an accelerated trajectory of growth and technological integration.”

Khaled AlQahtani, CEO of Urooj International Holding, added:

“We at Urooj are incredibly excited to join forces with Philip and the distinguished team at 90 North. The firm’s dedication to responsible investing and its impressive 14-year legacy provide a robust foundation upon which we can build. We deeply believe in the immense potential that innovation holds across all sectors. By integrating cutting-edge technological approaches with 90 North’s deep real estate expertise, we can unlock unprecedented opportunities, enhance operational efficiencies, and deliver superior value for our investors in this dynamic global landscape. This partnership is poised to redefine real estate investment for the future.”