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Remal Real Estate sells property for KWD13m

Remal Real Estate sells property for KWD13m
REMAL
REMAL
-2.47% 7.90 -0.20
Kuwait Remal Real Estate said its Board of Directors has approved the purchase offer submitted by Al Mubaiah real estate investment Co. on behalf of one of its customers for a real estate property owned by Remal .

Earlier, Remal said has received a purchase offer at an amount of KWD13 million for a real estate property.

Noteworthy , the developer has posted KWD 2.88 million profit in the fiscal period ending December 31, 2013 , up by 7.8% from KWD 2.67 million in the same period a year earlier.