Amiri’s co-founders decide to wind up company

Regents Crescent

Ellis and Shah wind up company following failed flotation of student housing REIT

Founded by Richard Ellis and Bindesh Shah in 2006, Amiri Capital specialised in Sharia-compliant finance and investment. The firm invested £1.5bn in UK real estate before attempting to raise more than £100m for a student accommodation REIT at the end of 2016.

The company had plans to build up a £1bn student housing portfolio but failed to get the REIT off the ground.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue