Doha – Mubasher: QInvest, in partcipation with a GCC investor, has acquired a plot of land on South Boulevard in Charlotte, North Carolina, US.
The property will be developed into a 200-unit multifamily apartment complex.
The company has acquired necessary regulatory approvals and the project is expected to be completed in August 2018.
“We expect this development to yield highly attractive risk-adjusted returns,” CEO Tamim Hamad Al-Kawari said, adding that “we anticipate making additional investments in similar transactions in the near future.”
