Deal to sell land plots concluded in Kuwait

Published April 4th, 2005 - 10:32 GMT

Kuwait Finance House (Baytak) signed on April 3, 2005, sale deals of 19 land plots in Dasman region (east) for KD14.258 ($49.6 million), registering a profit of KD11 million ($37.65 million), reported the Kuwaiti newspaper, Al-Watan.


This deal is considered one of the most successful ONES singed recently in the region around the capital, which is one of the most important investments regions. The land plots are composed of two blocks by areas of approximately 500 square meters per plot, with a total area of 9671 square meters, and are classified as high potential investment.