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TV dragon James Caan swoops to buy £41m retail park
Express & Star
A major retail park has been sold to a group headed by a former star of TV's Dragons' Den in a £41.5 million deal – and will be subject to Islamic law restrictions.
Crossley Retail Park in Kidderminster has been acquired from Chester Properties by a company known as 90 North Real Estate Partners LLP (90 North), which has James Caan as chairman.
A Middle Eastern investor, represented by Dubai-based Arzan Wealth, was advised on the purchase of the retail park by 90 North, an independent advisory firm specialising in Sharia-compliant real estate investment.
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