Fahed Boodai

Fahed Faisal Boodai (Arabic: فهد فيصل بودي) is a Kuwaiti Entrepreneur. He is the Chairman and co-founder of Gatehouse Financial Group as well as Vice Chairman and CEO of The Securities House. ^[1]

Mr. Boodai's career started at The Securities House in 1997. He worked as the Investment Director in the Fund Management Department and was initially responsible for The Securities House international investments. In 1998, he established Global Securities House (GSH) in San Francisco. In 2002, Mr. Boodai relocated GSH to Kuwait and changed the company’s focus to real estate following the downturn of world equity markets. ^[2]

Mr. Boodai is also co-founder and Chairman of Gatehouse Bank PLC (Gatehouse), a London-based bank specialising in Shariah-compliant products and services. He is also the founder, Chairman of Gatehouse Capital, formally known as Global Securities House Kuwait.^[3]

Mr. Boodai has more than 20 years of experience in global real estate and financial markets. He has presided over USD $3 billion of diverse real estate (RE) acquisitions and exits in a number of asset classes from core RE holdings to student accommodation and medical facilities.

Mr. Boodai is also recognised for promoting Gatehouse’s competitive advantage in the UK Private Rented Sector, where the Bank was the first mover, bringing new family home to the rental market in the Midlands, Greater Manchester and Merseyside regions. ^[4]

Since 2015, Mr Boodai has developed a strategic interest in the growing role of digital applications in finance and the broader fintech sector. He has also been central to positioning Gatehouse Bank as a growing challenger bank in the UK^[5], with the development of a retail savings franchise and growing home finance proposition including Buy to Let finance for both UK and international landlords.

Exits by Gatehouse Bank include:

• In March 2018, Gatehouse successfully exited its investment from the United States Industrial Portfolio A (USIP A). ^[6]
• In October 2017, Gatehouse successfully exited its investment from the FBI Regional Headquarters located in Salt Lake City, the capital city of the State of Utah. ^[7]
• In December 2015, Gatehouse exited its investment in a data centre located in the South East of England for £28.1 million. ^[8]
• In April 2014, Gatehouse exited its investment from the Rolls Royce Manufacturing and Logistics Facility located in Scotland for £55 million. ^[9]
• In December 2013, Gatehouse exited its investment from InterContinental Hotels Group global headquarters, Broadwater Park to a private overseas investor for £36.75 million. ^[10]
• In October 2013, Gatehouse exited its investment from Slade Park, an Oxford student accommodation scheme to Scottish Widows Investment Partnership Property Trust (SWIPPT). ^[11]
• In April 2013, Gatehouse exited its real estate investment located on 181 Fremont Street, San Francisco for £46.4 million. ^[12]
• In December 2012, Gatehouse exited its investment from the UK headquarters for Procter & Gamble for £33.68 million. ^[13]
• In April 2012, Gatehouse Bank exited its investment from two properties as part of its UK student accommodation portfolio for £34.4 million. ^[14]
• In December 2011, Gatehouse exited its investment from VA Oceanside Clinic, a state-of-the-art medical facility near San Diego, California for $54.5m. ^[15]

References