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KFH inks $242mln Chicago property deal

Posted on 29 December 2009

From Tradearabia.com: Kuwait Finance House (KFH), the country’s biggest Islamic lender, said it has signed a $242 million real estate deal in Chicago.

KFH owns 95 percent of the project, while the remaining is owned by Prism Company, the lender said in a statement. ‘KFH will focus on income producing assets with attractive yields and guaranteed occupancy levels,’ it added……………………………………Full Article: Source

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