Kuwait – Mubasher: KFH Capital Investment Co, a subsidiary of Kuwait Finance House (KFH) has purchased a tower in New Jersey, US, for a value of $165 million.

The acquisition is among a plan to invest in new assets, according to a recent statement.

An investment fund has bought the headquarters of Panasonic company in New Jersey, the statement added.

On the stock level, KFH ended Tuesday’s session at 550 fils.