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Al-Andi for Sports rents land for new Riyadh club
Al Akhila Clubs for Sports announced the signing of a lease agreement for a 4,125-square-meter land plot in Al-Shuhada District in Riyadh, valued at 55.69 million SAR, to establish and operate a new sports club under the "Body Masters" brand. The contract will last for 20 years, from February 1, 2028, to January 31, 2048, with a non-paid period of 16 months starting from October 2026. The aim of the project is to expand the company's club network and increase its customer base, with a positive financial impact beginning after completing construction and obtaining the necessary licenses. Currently, the company has 16 projects, of which 9 are under construction and 7 are awaiting licenses.
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