Luxury Mixed-Use Project in Jeddah
Sector: Residential • Location: Jeddah, Makkah Province, Saudi Arabia
Source: Financial Conduct Authority (FCA)
Acquisition of a prime land parcel of approximately 28,800 sqm in Jeddah for the development of a luxury mixed-use scheme comprising premium residences, serviced apartments, retail, and office spaces. The project is strategically located near key lifestyle and entertainment destinations and has an estimated gross development value of approximately SAR 2.4 billion (USD 640 million). The acquisition
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Participants
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Status
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Taiyo last update | 00-00-0000 |
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Contact
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Description
Description | Acquisition of a prime land parcel of approximately 28,800 sqm in Jeddah for the development of a luxury mixed-use scheme comprising premium residences, serviced apartments, retail, and office spaces. The project is strategically located near key lifestyle and entertainment destinations and has an estimated gross development value of approximately SAR 2.4 billion (USD 640 million). The acquisition consideration is approximately SAR 233 million (USD 62 million), settled through cash and/or shares within 60 months. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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