Qatar First Bank announces completion of Leinster Square residential real estate development in London
Qatar First Bank , a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange, has announced the completion of 7-12 Leinster Square, a residential real estate development in Leinster Square – London W2. The announcement was at the QFB & JLL seminar titled “London Real Estate Forecast”. The seminar was hosted at QFB’s private banking lounge in collaboration with the British Embassy in Qatar. It was attended by QFB corporate and private banking clients, alongside other institutional invitees interested in the London real estate.
Leinster Square is QFB’s second completed real estate development in London. The project offers QFB shareholders and clients an opportunity to invest in five stunning three and four bedroom Townhouses and six lateral three bedroom apartments.
QFB acquired the building, in 7-12 Leinster Square, in August 2012, when it was a neglected, derelict hotel. Over the last four years, QFB has worked with the development manager, London-based Alchemi Group, to rebuild and restore the building to its former Victorian glory. The building benefits from southerly views and access to a private garden square, very rare in central London.
Nizar Ahmadi, QFB’s Head of Private Banking & Wealth Management, said:
“The completion of our second residential real estate project in London complements the development of QFB’s pioneer open architecture platform. The platform is backed by our talented and highly experienced team who are well-equipped to meet the individual needs of our clients with high levels of confidentiality, professionalism and responsibility.”
Ahmadi added: “QFB’s private banking team, including our dedicated world class female relationship managers, and real estate partners, JLL, are available to provide information about London residential market and market forecasts for the next five years with highlights on the important factors influencing the market.”