‎Masar signs 2 land sale agreements at SAR 310.4M

‎Masar signs 2 land sale agreements at SAR 310.4M ‎Masar signs 2 land sale agreements at SAR 310.4M

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The two boulevard-facing plots span a combined 4,947 square meters in Zone 2 of Masar Destination

Umm Al Qura for Development and Construction Co. (Masar) and Al-Inma Second Development Co. Ltd. — the special purpose vehicle (SPV) for Al-Inma Makkah Development Fund II, all units of which are owned by Masar — signed two agreements with Abdulmohsin Al Rossais Sons Group Co. to sell two land plots within Masar Destination in Makkah. The agreements are valued at SAR 310.44 million, excluding taxes and fees to be borne by the buyer.

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The two plots are located in Zone 2 of Masar Destination and overlook the pedestrian walkway (boulevard), with a total area of 4,947 square meters, according to a statement to Tadawul.

 

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The two boulevard-facing plots span a combined 4,947 square meters in Zone 2 of Masar Destination

Umm Al Qura for Development and Construction Co. (Masar) and Al-Inma Second Development Co. Ltd. — the special purpose vehicle (SPV) for Al-Inma Makkah Development Fund II, all units of which are owned by Masar — signed two agreements with Abdulmohsin Al Rossais Sons Group Co. to sell two land plots within Masar Destination in Makkah. The agreements are valued at SAR 310.44 million, excluding taxes and fees to be borne by the buyer.

The two plots are located in Zone 2 of Masar Destination and overlook the pedestrian walkway (boulevard), with a total area of 4,947 square meters, according to a statement to Tadawul.

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