Islamic finance awards 2014: Park Crescent West

Best Islamic real estate deal:

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Best Islamic real estate deal:
Park Cresent West

Lead managers: Amiri Capital, Norton Rose, King & Spalding

It was not a vintage year for Islamic real estate transactions, but this one in London was a good example of the way Islamic finance is becoming increasingly active in high-end UK property as Gulf institutions invest more and more in this market.

The transaction involved PCW Property, a private company created by alternative asset manager Amiri Capital, buying the Park Crescent West building in Regents Park from Great Capital Partnership.

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