FINANCIAL NEWS

Qatar’s Red Sea Housing Services receive USD 39.52mn deal

09 Mar 2016

(MENAFN) Red Sea Housing Services (RSHS) Co. signed a contract with ‘Daruna for Real Estate Brokerage, LLC’ in Qatar to build joined housings facility for 4000 tenants.

Furthermore, the project value more than USD 39.52mn Construction will start with immediate effect and completion is predicted on July 2017.

The firm will offer a whole infrastructure and housing development to help a 4000-strong community for Daruna, which includes housings blocks and utilities.

Additionally, the project shows the need for high quality, large-scale communities which allow their clients to work at full performance in good conditions.

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