Logo ofFirst Avenue for Real Estate Development Co.
First Avenue for Real Estate Development Co.signed, on Jan. 23,a real estate brokerage agreement witha real estate developer,Sarh Al-Luluah Real Estate Development Co., valued at SAR 57 million, excluding value-added tax. 
In a statement to Tadawul, the company pointed out that the 30-day contract stipulates brokerage fees payable upon signing and property transfer.
The deal is expected to reflect positive financial returns in 2025.
It aims to enhance the company’s real estate brokerage activity, the statement added, noting that there are no related parties involved.
Logo ofFirst Avenue for Real Estate Development Co.
First Avenue for Real Estate Development Co.signed, on Jan. 23,a real estate brokerage agreement witha real estate developer,Sarh Al-Luluah Real Estate Development Co., valued at SAR 57 million, excluding value-added tax.
In a statement to Tadawul, the company pointed out that the 30-day contract stipulates brokerage fees payable upon signing and property transfer.
The deal is expected to reflect positive financial returns in 2025.
It aims to enhance the company’s real estate brokerage activity, the statement added, noting that there are no related parties involved.
