The Kuwait Capital Markets Authority authorized KFH Capital Investment Company to market privately in Kuwait up to 120,000 units of UK Real Estate Fund VII LP, a collective investment scheme established in Guernsey. The offering is limited to professional clients and capped at an aggregate value of KWD 50 million or its equivalent in British pounds. The offer price will be based on net asset value at the time of offering, with a subscription commission equal to 2% of each unit’s purchase price. KFH Capital Investment Company and Kuwait Finance House may receive subscription applications. The marketing license will run for one year from the issuance of the authority’s license certificate following payment of the required fees. The fees must be paid within one month of the decision or the authorization will be deemed void.