03 May 2016
(MENAFN) Barwa Real Estate Co. proclaimed that it would invest more than USD 4.12bn in many projects, including on building up 12,000 housing units.
Moreover, the huge funds will be invested in a phased manner over the coming five years in order to develop scores of real estate projects, which include residential facilities.
In addition, the firm will sign deals with Manateq (Economic Zones Firm) amid two weeks to develop a warehousing complex spread over 250,000 sqm.
On the other hand, the company recently reviewed all its new projects that were still in design phase to confirm their returns are increased.
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