‎Roshn inks deals to sell, develop land in SEDRA, Riyadh for over SAR 1.3B

‎Roshn inks deals to sell, develop land in SEDRA, Riyadh for over SAR 1.3B ‎Roshn inks deals to sell, develop land in SEDRA, Riyadh for over SAR 1.3B

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Roshn said the projects covered by these agreements span a total area of more than 72,000 square meters

Roshn Group signed strategic agreements to sell and develop land with an investment value exceeding SAR 1.3 billion, in partnership with a number of local real estate developers, to develop residential and commercial projects within the SEDRA community in north Riyadh.

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According to the Saudi Press Agency (SPA), the projects covered by these agreements span a total area of more than 72,000 square meters, allocated for the development of residential apartments and various commercial projects.

The agreements included two contracts with Arabian Dyar with a total investment value of SAR 1.1 billion to develop land exceeding 55,000 square meters. The group also signed an agreement with Alramz Real Estate Co. valued at SAR 262 million to develop an area of more than 14,000 square meters, in addition to an agreement with Tiraz Al Arabia to develop commercial facilities in SEDRA.

The partners will deliver a range of residential and commercial projects in line with SEDRA masterplan, consistent with the group’s vision of developing vibrant, integrated communities that enhance residents’ quality of life.

 

Roshn said the projects covered by these agreements span a total area of more than 72,000 square meters

Roshn Group signed strategic agreements to sell and develop land with an investment value exceeding SAR 1.3 billion, in partnership with a number of local real estate developers, to develop residential and commercial projects within the SEDRA community in north Riyadh.

According to the Saudi Press Agency (SPA), the projects covered by these agreements span a total area of more than 72,000 square meters, allocated for the development of residential apartments and various commercial projects.

The agreements included two contracts with Arabian Dyar with a total investment value of SAR 1.1 billion to develop land exceeding 55,000 square meters. The group also signed an agreement with Alramz Real Estate Co. valued at SAR 262 million to develop an area of more than 14,000 square meters, in addition to an agreement with Tiraz Al Arabia to develop commercial facilities in SEDRA.

The partners will deliver a range of residential and commercial projects in line with SEDRA masterplan, consistent with the group’s vision of developing vibrant, integrated communities that enhance residents’ quality of life.

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