IslamicFinance.de

GFH Capital has signed an agreement to sell a $25 million prime property in one of London's most prestigious postcodes. The investment firm said it has sold the Queen’s Gate Gardens property that it had acquired last year. The property is a Grade II listed building located in the prime Kensington area of London overlooking the gardens. According to the terms of the agreement, the buyer has paid an initial deposit with a target to complete the transaction in six weeks, subject to receiving relevant approvals. GFH Capital said investors in the deal can expect to make a return that can reach 21 percent return per annum. The deal is expected to positively reflect in the Q4 financial results of GFH.