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Al-Masar Al-Riyadi unveils 700M real estate fund

Al-Masar Al-Riyadi unveils 700M real estate fund

Al Masar Al Riyadiyah Development Company has launched a real estate investment fund exceeding 700 million Saudi Riyals aimed at developing a five-star hotel within Wadi Destination in Hittin District, Riyadh. The fund’s goal is to boost the hospitality and lifestyle sectors and is part of the company's efforts to support Saudi Vision 2030 and the Quality of Life Program through the development of distinguished urban assets and facilities. The project encompasses an area of approximately 13,500 square meters of land, with built-up areas reaching 34,400 square meters. It contributes to enhancing quality of life and providing experiences that combine sports, nature, and entertainment, within a network extending over 135 kilometers of premium destinations across the city.

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