The Capital Markets Authority (CMA) has granted KFH Capital Investment Company (KFH Capital) a private placement license to market 250,000 investment units of the UK Real Estate Fund VI LP, a fund established outside the State of Kuwait in Guernsey Island.

The offering price of the units will be determined at the time of subscription based on the net asset value (NAV), with a 2% subscription fee applied to the purchase price of each unit. The Authority set the maximum total offering value within Kuwait at KWD 100 million, or its equivalent in GBP.

The marketing of these units within Kuwait is restricted to professional clients only, in accordance with the Executive Bylaws of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities. Subscription applications will be accepted through KFH Capital Investment Company and Kuwait Finance House.

The marketing license is valid for one year starting from the date of issuance of the certificate and payment of the required fees. The decision will be void if the fees are not paid within one month of issuance.