Retal Urban Development Company, Saudi Arabia announces that it has signed two residential land purchase and development agreements with Roshn Real Estate Company which is owned by the Public Investment Fund for the purpose of developing Residential villas and apartment units within Sedra residential compound in Riyadh City.
The Signed value of the agreement is SAR 356.8 million.
Project involves an estimated 554 number of housing units to be constructed on a land area of 96,913 m2.
The duration of the first agreement is 24 months and the 36 months for Second agreement.
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