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Kuwait fund to start $3.6 billion real estate portfolio

Thu, 2011-03-24 10:54 — newsdesk

Kuwait Investment Authority will establish a 1 billion dinar ($3.6 billion) portfolio to invest in Kuwait's real estate market to take advantage of lower property prices.
The portfolio will be managed initially by Kuwait Finance House, with the possibility of assigning two other managers.

Source: 

http://www.pionline.com/article/20110323/DAILYREG/110329964