Kuwait Finance House (KFH) signed a direct residential real estate investment deal in Chicago with a total cost of $242 million. The compound includes 40 floors and is currently under construction.
Kuwait Finance House will continue to seek opportunities in the real estate markets of the United States, Europe, South East Asia and China in order to accomplish investment opportunities. They will focus on income producing assets with attractive yields and guaranteed occupancy levels. (The International Real Estate Department ManagerAli Al-Ghannam stated that KFH owns 95% of the project)
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Their full press release follows
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