‎Saudi Aramco plans to raise $10B from real estate assets

‎Saudi Aramco plans to raise $10B from real estate assets ‎Saudi Aramco plans to raise $10B from real estate assets

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The Dhahran complex houses Aramco’s headquarters in Saudi Arabia’s Eastern Province

Saudi Aramcois studying plans to raise at least $10 billion from its real estate assets, including the Dhahran complex that houses its headquarters in the Eastern Province, Bloomberg reported, citing sources.

Aramco is in preliminary talks on a potential deal and is also considering a sale-and-leaseback option, which would allow it to unlock capital while retaining the right to use its real estate assets.

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The Saudi oil giant is also weighing the sale of a stake in its oil export and storage business, alongside deals linked to gas-fired power plants and water infrastructure.

 

The Dhahran complex houses Aramco’s headquarters in Saudi Arabia’s Eastern Province

Saudi Aramcois studying plans to raise at least $10 billion from its real estate assets, including the Dhahran complex that houses its headquarters in the Eastern Province, Bloomberg reported, citing sources.

Aramco is in preliminary talks on a potential deal and is also considering a sale-and-leaseback option, which would allow it to unlock capital while retaining the right to use its real estate assets.

The Saudi oil giant is also weighing the sale of a stake in its oil export and storage business, alongside deals linked to gas-fired power plants and water infrastructure.

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