“Royal Commission for Makkah City and Holy Sites” Launches the Largest Real Estate Fund Valued at SAR 11 Billion
Saudi Arabia
- Date: 13-Sep-2023
- Source: Eye of…
- Sector:Real Estate
- Country:Saudi Arabia
“Royal Commission for Makkah City and Holy Sites” Launches the Largest Real Estate Fund Valued at SAR 11 Billion
The Royal Commission for Makkah City and Holy Sites announced today the launch of the largest real estate fund, valued at SAR 10.93 billion, in partnership with Thakher Development Company and Albilad Capital. The establishment of the fund aims to develop the Al Kidwa area located south of the Holy Masjid (Haram), at an approximate distance of 500 meters. The project will cover an area of