Manama:Blacksand Company B.S.C. (Closed), a Bahrain-based investment firm, has announced the completion of more than USD 400 million in UK real estate investments. The investments include acquisitions exceeding £190 million and plans to launch a £120 million investment fund focused on student accommodation.
According to Bahrain News Agency, the announcement was made during the fourth edition of Gateway Gulf 2026, organized by the Bahrain Economic Development Board at the Four Seasons Hotel Bahrain Bay. The theme of the event was "Reimagining Global Partnerships, Powering Sustainable Growth."
The acquisitions cover various property sectors such as logistics, commercial offices, car parks, and student accommodation facilities. Key transactions include acquiring a major regional distribution center in the UK, Q-Park car parks at Royal Liverpool Hospital, and a prominent commercial office building in London's financial district. Additionally, Blacksand completed the sale of a student accommodation property in Newcastle upon Tyne for £25 million to Newcastle United Football Club.
Blacksand's CEO, Mohamed Jasim Alshaikh, highlighted the significance of completing over USD 250 million in UK real estate acquisitions. He emphasized the company's capability to identify and manage investments that create long-term value for investors. The firm also plans to launch a USD 160 million investment fund targeting student accommodation in leading UK university cities, focusing on value-add opportunities through selective acquisitions and improvements.
Blacksand continues to expand its UK investment portfolio, aiming to deliver value to investors and bolster Bahrain's presence in global investment markets.