Gatehouse Financial Group Celebrates Key Milestones

• Gatehouse Bank joins colleagues from Kuwait and USA to celebrate a Group anniversary

Gatehouse Bank joined colleagues and guests at an Anniversary Reception in Kuwait on 14th March to celebrate three key milestones for Gatehouse Financial Group.

The Bank’s parent, Gatehouse Financial Group, is this year celebrating its fifth anniversary and the Bank’s sister company, Gatehouse Capital, celebrates its 20th Anniversary of offering full service real estate investment solutions. In addition, UK challenger bank Gatehouse has been established for over a decade.

The Anniversary Reception saw colleagues, shareholders and guests, including Her Majesty’s Ambassador to Kuwait, Michael Davenport MBE, hear the Group’s Chairman, Fahed Boodai explain how the strong relationships built with clients have enabled the company to manage more than $3 billion of transactions in the real estate industry from more than 40 investments across all sectors.

Fahed also highlighted the Group’s leading position in the UK Build To Rent / PRS sector, where Gatehouse Bank currently manages two funds, with combined residential property assets totalling more than 1,600 new build family homes.

Gatehouse Bank’s CEO, Charles Haresnape and CCO, Paul Stockwell attended the Reception in Kuwait and colleagues from across the UK joined the event via a live link.

Commenting on the celebrations, Charles Haresnape said:

“It is fantastic to celebrate the achievements of Gatehouse Financial Group and highlight the growing reputation the Bank is establishing in the UK, I’m especially pleased that our colleagues from across our three UK offices were able to joins us via a live link.”

“Due to the Group’s legacy, we are able to offer a wide range of products and services to support individuals, businesses and investors. Most recently we have launched a range of Home Purchase Plans, a mortgage alternative, for UK, expat and international home buyers and whilst it is early days, we have been very pleased with the level of demand we are seeing.”

Khaled Al-Baijan, CEO of Gatehouse Capital said:

“We are delighted to celebrate 20 years of Gatehouse Capital. Since our inception we have adopted an advanced approach and strategy on tracking when it is the right time, for both the company and our clients, to enter and exit real estate markets across the globe. Our success in this is evidenced by our significant track record, with our focus on the industrial real estate sector over the last couple of years resulting in an outstanding performance.”