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FINANCIAL NEWS
Kamco acquires vital commercial land in Riyadh
14 Jul 2016
Kamco, a top investment firm in the region, said its real estate fund has bought around 16,500 sq m of commercial land in Riyadh, Saudi Arabia.
In detail, the Saudi company said that the step towards acquiring the property is an integral part in KREYF’s core strategy to ris up revenue.
In a related development, the company announced the Fund’s ongoing success in terms of hitting a weighted average occupancy rate of 93 per cent and growing the fund’s size by 195 per cent since start.
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