European Finance House has been appointed to provide specialist Sharia asset management advice to the £2bn Shard development in London Bridge.
The appointment follows the purchase in February of 80% of the interest in the London Bridge Quarter development by a group of four Qatari investors - Qatari Islamic Investment bank QInvest, Qatar National Bank, Qatari Islamic Bank, which owns 66% of European Finance House, and Barwa.
London Bridge Quarter is designed by Renzo Piano and comprises the 72-storey Shard skyscraper and a second commercial building.
The development is scheduled to complete in early 2012.
together for a project in the international market and we are proud to be part of it.”
Mike Clark, chief executive office at European Finance House, said: ‘The Shard will become a symbol of London recognisable throughout the world.
'Understandably, EFH is very proud to part of the project consortium’s financial advisory team, on which our 10% shareholder Groupe Financiere Centuria is playing a leading role.’