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Al-Aqaria clarifies land suspension in Riyadh
The Saudi Real Estate Company issued an additional disclosure indicating that the suspension has been lifted on a land owned by the company in Al-Arrad District, Riyadh, as of July 13, 2026. This clearance was based on an official land title deed. The land is located in a vital area, covering 30,000 square meters, and is considered a significant asset in the company's portfolio due to its prime commercial location between King Fahd and Al-Ulaya Roads. The legal lifting of the suspension has no immediate financial impact and is considered a regulatory measure that restores the property to its normal status without any direct effect on the financial statements at this time.
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