Roshan, a national residential developer, one of the companies wholly owned by the Public Investment Fund, has signed an agreement to sell land in the Sidra residential complex in the capital Riyadh to Al Muzaini Real Estate Company with an area of more than 54,000 square meters worth 223 million rials under ambitious plan for the construction of integrated residential complexes.
Roshan Group CEO Sabah Barakat explained that Roshan is working to develop urban concepts that reflect quality of life standards and are commensurate with the aspirations of Saudi society, drawing on a talented team of the best specialists and experts in the real estate development projects and the construction and development sector in the region. The best developers from private sector, to cooperate in the construction and development of the Sidra residential project in the capital Riyadh.
He also noted that Roshan Real Estate has always focused on attracting outstanding talent with exceptional experience in various fields, which allows them to come up with innovative ideas and innovative solutions that contribute to the development of integrated residential neighborhoods in accordance with the highest international standards.
It is noteworthy that the Sidra project is located on an area of more than 20 million square meters and includes more than 30,000 housing units that have various life support facilities such as mosques, kindergartens, public and private schools, hospitals, medical centers. , malls and outlets.