Markaz signs deal with KIA

Financial Centre will manage National Real Estate Portfolio

Kuwait Financial Centre (Markaz) has signed a contract with the Kuwait Investment Authority to manage part of its National Real Estate Portfolio, it was announced on Monday.

According to a report by Kuwait Times, the portfolio, which already invests in the country’s real estate market, will be managed over a 10 year period, to a maximum value of $886m dollars by Markaz.


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