Logo ofAdeer Real Estate Co.
Adeer Real Estate Co. announced the successful marketing and auction of the Wahaat Jeddah land owned by Baitek Real Estate Co., with the public auction held in Jeddah on Sept. 17. The total sale value reached SAR 707.25 million (excluding VAT). 
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According to a statement to Tadawul, the company noted that the transaction is expected to have a positive financial impact on H2 2025.
Adeer noted that the success of this auction reflects the company’s continued achievements in the marketing of land and real estate assets.
Logo ofAdeer Real Estate Co.
Adeer Real Estate Co. announced the successful marketing and auction of the Wahaat Jeddah land owned by Baitek Real Estate Co., with the public auction held in Jeddah on Sept. 17. The total sale value reached SAR 707.25 million (excluding VAT).
For more news on listed companies
According to a statement to Tadawul, the company noted that the transaction is expected to have a positive financial impact on H2 2025.
Adeer noted that the success of this auction reflects the company’s continued achievements in the marketing of land and real estate assets.
