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‎Asas Makeen buys land plot in Riyadh for SAR 53M to build residential units

‎Asas Makeen buys land plot in Riyadh for SAR 53M to build residential units

Logo ofAsas Makeen for Real Estate Development and Investment Co.

Asas Makeen Real Estate Development and Investment Co.purchased on Aug. 28, an 8,800 sqm land plot in Al-Arid district, Riyadh, from Abdulrahman Al-Hamlan for SAR 52.98 million.

In a statement to Tadawul, the company said the deal will be financed through a bank loan and part of its own resources…

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