News Archive

KREDCO signs a contract for leasing the Hypermarket in Erbil Mega Project

13 - March - 2012

KREDCO, a subsidiary of National Real Estate Co. (NREC), has signed a contract to lease the Hypermarket located in Erbil Mega Project - Iraq.

Currently, (ELARA) the contracted company is preparing the documents for the tender to develop the building of the Hypermarket upon terms of lease.

In this context, NREC is expecting to reach to the solutions that would assist in financing the remaining parts of the project in the near future and after the completion of the new financial feasibility study that would provide positive results adding to the benefit of the project.

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