First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams.
A consortium comprising First Avenue for Real Estate Development Company, Dar Al Majed Real Estate Company (Al Majdiah) and Rekaz Real Estate Company has secured a key contract for the development of the East Hindawiyah District Project in Makkah.
