Beyout Holding Company announced in a statement to Boursa Kuwait today, Sunday, October 26, that its subsidiary Real Estate House Company has completed the procedures for transferring ownership of an investment property acquired through a Ministry of Justice auction.
The company stated that the property is in the Hawalli area, with a total area of 912 square meters and a value of KWD 1,450,000 (one million, four hundred and fifty thousand Kuwaiti dinars).
Beyout noted that the financial impact of this material information will be reflected in an increase in real estate assets.