Laila Gallery sold for 40 million dinars

Bukhamseen Holding Group finished a real estate deal with a local investor, according to which it sold the Laila Gallery commercial complex located on Salem Al Mubarak Street in the Salmiya area, for a deal worth 40 million dinars, reports Al-Qabas daily.

LAILA Gallery opened in 1992 AD, one of the projects of Bukhamseen Holding Group on a total area of 6407 square meters.

The complex is deemed to be one of the most important and active commercial streets in Salmiya as it includes the most important commercial complexes and renowned international restaurants, in addition to the largest shopping centers and Kuwaiti banks.

A source familiar with the deal said that the exit from the Laila Gallery complex has no effect on the group, but rather comes within the framework of the Bu Khamseen Group’s entry into new investments with the aim of geographical expansion and diversification of sources of income.