Last week, the biggest real estate deal, which was worth KD5.8 million, was reportedly struck by a major player in the real estate market, reports Al- Rai daily.

According to a source, this “big man” succeeded in acquiring a commercial property sitting on an area of 497 square meters for KD 2.6 million. He also got two buildings in Hawally and Salmiya investment areas on a total area of 1,487 square meters at a cost of KD 3.2 million.

The source said the majority of the commercial and investment real estate sold last week went for good prices, adding that there were 13 commercial and investment real estate purchase deals worth about KD16 million in three governorates within that period.

News Source: Arab Times