Foot Anstey seals care home deal

Islamic Finance specialists at premier regional law firm Foot Anstey have recently advised Shari’ah-compliant investment advisory firm 90 North Real Estate Partners LLP on their £40million acquisition of ten care homes on behalf of a Middle Eastern client.

Foot Anstey’s team of Islamic finance and real estate specialists advised 90 North on their acquisition, which was structured as a sale and leaseback with Prime Life Limited, a leading care home operator.

Islamic finance partner Imam Qazi led the Foot Anstey real estate team that included partner Daniel Halstead and solicitor Zahir Nayani.

The team have previously advised 90 North on a number of high-value Shari’ah-compliant      transactions including the acquisition of The University of Bradford’s The Green Student Village, for a sum in excess of £40million.