‎SAL leases land plot to establish logistics zone

‎SAL leases land plot to establish logistics zone ‎SAL leases land plot to establish logistics zone

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A SAL Saudi Logistics Services Co.’s facility

SAL Saudi Logistics Services Co. (SAL) signed a preliminary agreement with Sela Co. to lease a land plot spanning 1.56 million square meters in Falcon City, Riyadh.

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For more news and details on the projects

SAL intends to develop, construct, and operate a logistics zone on the land, according to statement to Tadawul.

The lease period spans 30 years, extendable by 15 years on mutual agreement, with a grace period of three years.

 

A SAL Saudi Logistics Services Co.’s facility

SAL Saudi Logistics Services Co. (SAL) signed a preliminary agreement with Sela Co. to lease a land plot spanning 1.56 million square meters in Falcon City, Riyadh.

For more news and details on the projects

SAL intends to develop, construct, and operate a logistics zone on the land, according to statement to Tadawul.

The lease period spans 30 years, extendable by 15 years on mutual agreement, with a grace period of three years.

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