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FINANCIAL NEWS
Kuwait’s UPAC invests USD224m to develop Reem Mall
24 Jun 2015
(MENAFN) Kuwait’s United Projects for Aviation Services Company (UPAC) and National Real Estate Company (NREC) signed a partnership agreement to develop Reem Mall, Kuwait Times reported.
UPAC is a leading commercial real estate and facilities management company, and NREC is also a leading MENA real estate developer. The two are going to work hand in hand to establish one of the most exciting retail destinations in Abu Dhabi, Reem Mall.
“UPAC has a solid track record in real estate management within Kuwait. Our partnership with NREC and strategic investment in Reem Mall will not only strengthen our presence in the region, but will also help bring the project to completion as scheduled,” the Chief Executive Officer of UPAC said.
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