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KFH earns KD84m from sale of 16 blocks
- Kuwait: Monday, December 10 - 2012 at 04:51
Kuwait Finance House (KFH) has sold 16 blocks in various locations in Kuwait for KD84m, as part of its efforts to restructure its real estate portfolio to achieve better returns for investors and depositors, Arab Times has reported. "KFH has not stopped investing in real estate, but the concepts have changed, and KFH has become more cautious in keeping paradigm assets that result in high returns," said the bank's chief operations officer, Anwar Al-Ghaith.
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