Gatehouse Bank, the London-based investment bank specialising in Shariah-compliant products and services, has appointed David Swan in a newly-created role as head of real estate investment.
Swan will lead the firm’s real estate investment department in the origination, management and realisation of real estate equity investments.
Gatehouse currently advises funds with approximately £1bn assets in the UK and US. The business is focused on diversifying its investment capabilities and expanding the geographical footprint of its portfolio.
Swan has more than two decades of experience in the real estate investment sector, working for companies such as Tishman Speyer, Arcapita and WW Advisors. Prior to Gatehouse, he founded Bridgeport Real Estate in 2012, a real estate company advising investors on a range of large scale off-market transactions.
In 2008, he established the London office for WW Advisors’ pan-European investment fund, which had capital commitments in excess of £200m, investing across the continent. This included the acquisition of a Dutch office portfolio, as well as investing in three UK joint ventures. He was also a founding member of Arcapita’s London office, where he was responsible for over £670m of investments in pan-European real estate across logistics, senior living and residential sectors.
Henry Thompson, chief executive at Gatehouse Bank, said: “David is a well-respected investor with a unique mix of expertise in international real estate and Shariah-compliant products. In particular, he has an impressive track record in dealing with off-market and joint venture transactions, two areas that we are focusing on in order to broaden our offering and diversify our portfolio for the benefit of our clients and our investors.”
Swan said: “I am pleased to be joining Gatehouse at such a pivotal time for the Bank as it looks to establish new strategic partnerships and as it seeks to deploy capital across the UK and continental Europe.”