Kuwait Finance House -KFH announced the results of a property auction held on December 24, 2014 under the auspices of Al Enmaa Real Estate.

Al Enmaa Real Estate is 55.92%- owned by KFH.

A bourse statement by KFH noted that five properties have been sold through the auction .KFH accounts for 43% of the properties offered for sale.

The auction has generated total proceeds at KWD6.726 million, added the statement.

KFH said it will get KWD2.7 million profit from the property sale.