Combined Group Contracting Company announced that its subsidiary Combined international Real Estate Company, has completed a deal to purchase a commercial property in the Hawalli in Block (80) Plot No. (21) for a total value of 4.5 million dinars, under the lease system with Kuwait International Bank.
The company showed that the financial impact will be reflected in the upcoming financial statements; through an increase in the total registered investment properties, expecting the rental returns on the subsidiary to be approximately (8%) annually.