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Injaz Mena and co-investors have purchased a 345,305
sq ft block of land in the prime Al Jufair area
in Manama, Bahrain. The land is zoned for retail,
commercial and residential purposes and can be used
to construct a shopping mall, and office/residential
towers.
The land has recently been valued at a level significantly
higher than its purchase cost and, if sold would
yield an IRR of over 90 per cent to investors.
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