OMAN: A retail asset located in Wilayat Ibra, to be single tenanted by Lulu hypermarket with a 20-year lease term, was acquired by Oman REIT for OMR4.1 million (US$10.65 million) – largely drawn from a OMR16.17 million (US$42.02 million) Islamic facility from the National Bank of Oman for a 14-year financing tenure.
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