His Excellency signs real estate contract
The Smo Real Estate Company has signed a management contract for the development of a real estate project in Jeddah on a plot of land measuring 6,394 square meters, in favor of Arsh Real Estate Development Fund 3. The project will involve constructing a mixed-use building with a built-up area of approximately 57,000 square meters, with management overseeing all development phases from planning to sale. The contract duration is 36 months, and it is expected to positively impact the company's results starting from the onset of project work.
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