12 Hrs
Source:
الاقتصادية
_1777294237270_124456903.png&w=64&q=75){kind=small}
Masar disposes of land for 168.9M riyals
Al Qura For Development and Construction announced that it has signed an agreement to sell a plot of land at the "Masar" destination in Mecca Al-Mukarramah for 168.91 million SAR, in partnership with Rawaej Real Estate. The book value of the plot was 76.01 million SAR, resulting in a capital gain of 92.90 million SAR. The land covers an area of 2,500 square meters and overlooks the "Boulevard" pedestrian walkway. The proceeds will be used to finance working capital and existing projects, as part of the company's strategy to develop the "Masar" destination and develop properties either directly or through strategic partners.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)