Thursday, 8th January 2009

 

Swiss private bank in real estate fund joint venture

Swiss-based Faisal Private Bank has entered into a partnership with Shamil Bank of Bahrain and Sharjah Islamic Bank to offer a €150m ($233m) Sharia-compliant Central and Eastern European Real Estate Fund.

The fund looks into income-generating real estate assets in Central and Eastern Europe, and has a term of five years.

Tags: Faisal Private Bank

Brummel

Headline

Mayfair goes Modern

Sebastian + Barquet, a three-year old design gallery based in New York and Chelsea, is opening a new gallery showing museum quality pieces in Mayfair next month, the first in London to focus on international modernism from the 1940s to the 1960s. Its opening exhibition is dedicated to American modernist design and is curated by celebrated architect Eric Parry.

Rich Monitor

UK millionaire to auction Tiny Dancer - £12m estimate

A bronze version of impressionist artist Edgar Degas' most famous sculpture is being sold by one of the UK's wealthiest men, expected to reach a high estimate of £12m ($17.6m) next month.

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347