Kuwait Investment Authority (KIA)
KIA to pump $3.6 bn into property market
Thu, 2011-03-24 10:42 — newsdeskKuwait Investment Authority (KIA) will pump $3.6 billion into the local commercial property market as the Gulf state's sovereign wealth fund seeks to bolster the struggling sector and benefit from plunging prices.
Such huge liquidity in the real estate market will reflect positively on local investment and real estate firms, and the country's bourse as well.
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