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Sale of Masar land valued at 441 million riyals for residential development

Sale of Masar land valued at 441 million riyals for residential development

Al-Maqrur Development and Construction Company announced the signing of three land reservation agreements covering a total area of 7,387 square meters within the "Wajhat Masar" area in Mecca, with a total value of 441 million riyals. The agreements include a deposit paid by Wateq Real Estate Fund 3, and the final sale transactions are planned to be completed during the reservation period, with the goal of developing residential units by the fund. These deals will contribute to enhancing liquidity and achieving positive financial results.

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