ADIB finances AED 195 million acquisition of Travelodge Hotel at London’s Heathrow Airport | Press Release | Salaam Gateway />

London, UK; August 5, 2018: Abu Dhabi Islamic Bank (ADIB) UK, a wholly-owned subsidiary of Abu Dhabi Islamic Bank – a leading financial institution, has closed a commercial financing transaction for the acquisition of a Travelodge Hotel, located at London’s Heathrow Airport. The property was acquired by a Saudi based client for £40.3 million (AED 194.6 million), with ADIB providing £26 million (AED125.7 million) of Sharia’a-compliant financing.

Source: ADIB finances AED 195 million acquisition of Travelodge Hotel at London’s Heathrow Airport | Press Release | Salaam Gateway />

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