Retal approves 1.9B riyal project
Retal Urban Development Company has signed an agreement to develop the "Retal Heights" mixed-use project in Al Malkah neighborhood, Riyadh, at a cost of 1.9 billion SAR. The project includes residential and commercial spaces on a land area of 19,380 square meters. The company will have exclusive development management rights for 48 months, with a 24.52% stake in the owning fund. The project is expected to positively impact its financial results between 2026 and 2029.
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