For its second German fund Arab Investments Ltd. London has acquired Sankt Annen Galerie in Brandenburg an der Havel from HGHI Berlin - High Gain House Investments GmbH - for approximately 53 million. Eurohypo AG Düsseldorf provided financing.
Sankt Annen Galerie is centrally located in Brandenburg's historic Old Town on Neustadt Markt 3.
International real estate advisor Savills has represented Arab Investments Ltd. London in the acquisition of Sankt Annen Galerie in Brandenburg. It is the first property in Arab Investments' second German fund.
Arab Investments Ltd. is a property company based in London specializing in the structuring of Sharia compliant funds for Middle East investors. In 2006 the company had extended its radius of activities from UK to Germany where it is exclusively represented by Savills.