Aderd to market Millennium Hotel in Mecca

Ader Real Estate Company announced the signing of an exclusive contract with Al Nabaulaa Global Real Estate Investment to market and sell the Millennium Hotel in Mecca, which features 850 rooms and suites and is located in the Al Masfalah district on Ibrahim Al Khalil Road. The contract grants the company exclusive rights for six months and is estimated to have a financial impact of about 10% of its annual revenues, with expectations that the financial effect will be positive once the sale is completed.

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