Saudi company offers real estate investment portfolio in France

Published March 21st, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Saudi Rana Investment Company, based in Riyadh, has recently offered a new portfolio consisting of real estate investment opportunities in France, reported Al-Hayat . The Euro currency-denominated investments target real estate assets in Paris and surrounding neighborhoods with a safe and stable rate of return. The new investment portfolio is valued 100 million euros ($88 million), of which 25 million will be contributed by investors and the rest from French and European banks. — (menareport.com) 

© 2002 Mena Report (www.menareport.com)