Kuwait’s Kamco Investment buys $31.5mln office property in UK – ZAWYA

Kuwait’s Kamco Investment buys $31.5mln office property in UK – ZAWYA

Kuwait's Kamco Investment buys $31.5mln office property in UK | ZAWYA MENA Edition HomeWealthAlternative InvestmentsArticleKuwait's Kamco Investment buys $31.5mln office property in UK The deal is expected to result in an annual return of 8.5 percent approximately    A person wearing a protective face mask is seen in London, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 23, 2020. Kuwait's Kamco Investment Company has bought an office property in Surrey, United Kingdom, for approximately 9.7 million Kuwait dinars ($31.52 million).The deal is expected to result in an annual return of 8.5 percent approximately, the company said in a statement to Boursa Kuwait.The company has reported a net profit attributable to shareholders of 3.03 million Kuwaiti dinars for the year 2019, compared to 2.56 million Kuwaiti dinars for the full year 2018.(Reporting by Gerard Aoun; editing by Seban Scaria)( [email protected] )#Kamco #Property #Kuwait #UKDisclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here. © ZAWYA 2020 Most Read Stock Market DataDubai FM 2,085.85197,262,638(0.18% )Abu Dhabi SE 4,316.18130,637,906(0.48% )Saudi