Home FINANCEAsas Makeen signs SAR 63.1M deal to develop Riyadh Villas

Asas Makeen signs SAR 63.1M deal to develop Riyadh Villas

by Press Room

Logo of Asas Makeen Real Estate Development and Investment Co.


Asas Makeen Real Estate Development and Investment Co. signed a real estate development contract with Awa’id Al-Hada Co. to develop a residential villa project in the Al Hada district of Riyadh, valued at SAR 63.08 million (including VAT).

In a statement on Tadawul, the company stated that the 18-month contract covers managing and executing the development of the project on land spanning about 10,470 square meters.

The project involves developing the…

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