Kuwait Finance House's local real estate portfolio 2 offers 6% annual return
The Private Financial Services Department Manager at Kuwait Finance House (KFH) Talal Al-Nesf announced that KFH's local real estate portfolio 2 achieved high returns that resulted in the distribution of 6% annual profit.
He added that the portfolio that has a capital of KD60m began operating in July and distributes quarterly profits, such as groups of investment and commercial real estate in Kuwait; noting that such results reveal the success of KFH's policy to focus on quality assets that yield high returns. He stated that each investment project is carefully studied to achieve high returns with minimal risks.
Moreover, he revealed in a press statement that KFH is in the final stages of the process of selling real estate of KFH's real estate fund in Turkey with over 12% of capital profit.
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