Logo ofFirst Avenue Real Estate Development Co.
First Avenue Real Estate Development Co. received anoticefrom SICO Capital, the manager of the Beach Real Estate Fund (BREF), confirming the fund’s acquisitionof commercialland inJeddah.
The land, located in the Al Shatiea district on Sari Street,spans approximately 15,000 square meters and wasacquiredfor a total value of SAR 188 million.
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Logo ofFirst Avenue Real Estate Development Co.
First Avenue Real Estate Development Co. received anoticefrom SICO Capital, the manager of the Beach Real Estate Fund (BREF), confirming the fund’s acquisitionof commercialland inJeddah.
The land, located in the Al Shatiea district on Sari Street,spans approximately 15,000 square meters and wasacquiredfor a total value of SAR 188 million.

