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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

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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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