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.

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