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Taleem REIT fund to buy prime Saudi propertyTaleem real estate investment fund (REIT) said it has reached an agreement with top Saudi investment company Al Rajhi United to acquire a 30,000-sq-m educational real estate located in Al Nuzha district of the capital Riyadh. The More… |
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Al Rajhi United in deal to sell key Saudi propertyTop Saudi investment company Al Rajhi United has signed an agreement with Taleem real estate investment fund (REIT) for the sale of a 30,000-sq-m real state property located in Al Nuzha district in capital Riyadh. As per the deal, Talee More… |
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Saudi ‘to build 1.5m homes through 2015’Saudi Arabia will build around 1.5 million homes through 2015 in order to accommodate a rapidly rising population that is set to exceed 26 million within the next three years, said a leading developer ahead of a real estate event in Riyadh. More… |
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Al Mazaya sells Saudi propertyKuwaiti real estate developer Al Mazaya Holding said on Monday it would add SR23.1 million ($6.16 million) of profit from the sale of a property in Saudi Arabia to its first quarter profits. The property was sold for SR104.6 million, the c More… |
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Saudi property market 'offers good value'The Saudi property market offers some of the strongest fundamentals in Gulf and international investors must take a close look at the sector, says a new report from HSBC. Saudi Arabia is unique in the Gulf in that it has a large and under- More… |
