Bin Otaiba Investment Group entered into an agreement to acquire Boulevard Hotel Co and Ram Three Real Estate from Taameer Real Estate Investment Company K.S.C.P. (KWSE:TAAMEER) for MAD 150 million on April 29, 2018. The transaction is subject to certain conditions. Bin Otaiba Investment Group completed the acquisition of Boulevard Hotel Co and Ram Three Real Estate from Taameer Real Estate Investment Company K.S.C.P. (KWSE:TAAMEER) on May 17, 2018.