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  • 15-03-20

    Kuwait's real estate sector sees solid growth in 2019

    (MENAFN) Kuwait Finance House (KFH) said in a report that, in 2019, Kuwait's real estate sector saw solid expansion with the worth of the transactions standing at USD12.04 billion, which is the 2nd-highest in the last 4 years.


    The report said that, the amount of agreements increased as well to 6.4 percent to 6,765 last year.


    However, in comparison with 2018, the transaction worth decreased 1.5 percent in 2019, as said in the report.


    In comparison with the 3rd quarter, during the last quarter, Kuwait's real estate sales dropped 11 percent to KD863 million, mostly due to lower investment and commercial property sales.

    MENAFN1503202000450000ID1099855861

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