Agreement to Rehabilitate Tehran Distressed Areas

Maskan Investment Group has signed an agreement with the Urban Renewal Organization of Tehran for rehabilitating distressed areas of Iran's capital city.
"The cooperation agreement has been signed with the goal of constructing residential and commercial units on more than 105,000 square meters of land belonging to Maskan Investment Group in the form of participation in construction [projects]," reported HIBNA, the official news website of Bank Maskan–the state-run agent bank of Iran's housing sector.