HALKIN NEWS
Recent Transaction
Halkin Investments Middle East Limited is happy to announce the successful closure of large debt transactions. The transactions involved securing refinancing for a residential apartment complex located centrally in London.
This transaction posed several issues from the onset. Firstly, The UK Economy has faced tough challenges in the last six to eight months such as political trials, soaring interest rates & a growing cost of living. Moreover, the overall impact of the pandemic on the real estate has resulted in making such a transaction very complex. Banks have increased their scrutiny and remain cautious when dispensing liquidity.
Against the odds and challenges, Halkin has proved successful. The firm was able to deliver over all 65% LTV on the asset valued approx at valuation more than GBP 140 mln.
Such transactions illustrate Halkin’s resourcefulness & commitment in achieving bottom line results which suites the client’s need.
Our Condolences
The staff and management of Halkin Investments Middle East Limited are deeply saddened to learn about the demise of His Royal Highness Prince Philip, The Duke of Edinburgh. We extend our heartfelt condolences to Her Majesty The Queen & the Royal Family on this sad occasion. They are in our thoughts & prayers.
December 2020 - License Upgrade from PIB CAT4 to PIB CAT3C
Halkin Investments Middle East Limited is proud to announce that it's application for upgrade from PIB CAT4 to PIB CAT3C has been approved by the DFSA. To learn more about the upgrade and the additional services that can be offered under the new license, please visit the "Our Services" page, or click below to see the official announcement.
December 2020 - HREcho Magazine
Halkin Investment Middle East was proudly featured in the National Day Edition of HR Echo Magazine. Our team and senior management took take this opportunity to wish the UAE and all its citizens a Happy 49th National Day!
APRIL 2020 - Milestone
Tuesday 7th April 2020 marks a milestone. Phase one where 285 families in remote parts of Pakistan received a non-perishable food package which should sustain a family for up to 8 weeks. Phase two will be ready shortly and we hope this effort will reach out to over 500 families.
MARCH 2020 - Food packages in the time of need
The firm is very conscious of the impact that COVID-19 will have on those in remote and less developed parts of the world.
We have previously supported a charity which is focusing on Education and Sustainability for the underprivileged people in Pakistan and in light of the COVID-19 pandemic, we have been working with them on initiatives where we can support and have an impact at a human level to aid in hard times.
We have devised a plan together to prepare and distribute non perishable food packages to a minimum of 500 deserving families in Pakistan - based upon an average of 5 members per family. These food packages will include items which should sustain a family for 6-8 weeks and will help tackle hunger and hardship in light of the Coronavirus as local government restrictions are hampering people to provide for their families.
As a firm, we give a heart felt thanks to all those on the front line tackling the virus across the globe.
MARCH 2020 - A Word from our Board
At Halkin, our clients are like extended family and we care deeply about their safety and well-being. We hope and pray that our clients and their loved ones remain safe and that these difficult times will soon end!
As a firm, we continue to do what is humanly possible to safeguard the interests of our clients in these unprecedented times.
Our thoughts are with all those affected by the coronavirus outbreak and heartfelt thanks to the nurses, doctors and scientists working across the globe to keep us all healthy and tackle this pandemic.
United we will make it and this will pass too!
MARCH 2020 - COVID-19 Firm Update
Here at Halkin Investments, we recognise the increased uncertainty that the Coronavirus – COVID-19 may be causing and as a firm, we want to provide the comfort that we are committed to ensuring business continuity to clients. A main concern of ours is the safety and well-being of our clients and staff and we have been taking precautions to keep all safe during this unprecedented time.
On a daily basis, the firm’s management have been following the guidance from the Government, assessing the scenarios and planning for a range of outcomes and keeping the business prepared to deal with different scenarios
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As the situation is ever evolving in relation to Coronavirus, Halkin continues to be proactive in ensuring we are aligning our business operationally to meet the requirements that we face as a firm.
Like many other firms, we have taken on board the guidance the Financial Conduct Authority has posted on their website and continue to take reasonable steps to ensure we are prepared to meet the challenges that the Coronavirus could pose to our clients and staff. Moreover, we are adhering to the requests from the Government for people to work from home and our staff are now doing so, in order to keep them and their respective families safe. The firm has taken steps to ensure our staff have access to resources in order to carry out their role effectively.
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If you have any questions, please don’t hesitate to contact the your Relationship Manager or firm in the normal way.
FEBRUARY 2020 - Art auction for Graham Layton Trust, Dubai
Our Chairman, Mr. Bashir Ahmad, attended an event in Dubai hosted by the Graham Layton Trust. The event raised a considerable amount where Mr Ahmad, on behalf of the firm, participated in the charitable auction, to which he purchased two paintings from local contemporary artists. The proceeds of the purchase will go towards carrying out eye operations for the poor and needy in Pakistan.
On this occasion, Mr. Ahmad reiterated his and Halkin’s commitment to support charitable activities in areas of Healthcare and Education. He commented “We are a responsible company and paying back to society is ingrained in our Corporate Culture and Values”