Al-Andalus Real Estate obtains 71.3M SAR credit from Al-Oula
Alandalus Real Estate Company has signed a credit facility agreement with the First Saudi Bank valued at 71.3 million SAR, to finance its acquisition of a new land. The financing period will last one year, secured by a promissory note and a mortgage on the property. This move is part of its expansion strategy for the 2026-2030 period, aiming to strengthen its real estate portfolio and grow its assets, with details about the land and the deal to be announced at the appropriate time.
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