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Masar Project

Sector: Hotel • Location: Mecca, Saudi Arabia

Source: Arabian Gulf Business Insight (AGBI)

Project
Planned

The Masar project in Mecca is a mixed-use redevelopment initiative that aims to raise between SAR1.8 and SAR2 billion through an IPO on the Saudi stock exchange. It will feature 205 investment plots, 18,000 serviced apartments, 23,000 hotel keys, and a retail area of 216,000 sq m, covering a total area of 64 hectares.

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Project Information

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The project “Masar Project” is an infrastructure initiative in the Hotel sector, located in Mecca, Saudi Arabia. Taiyo aggregates data on it from Arabian Gulf Business Insight (AGBI).

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Participants

Sponsoring Agency

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Company

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Status

Original status

Planned

Taiyo status

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Taiyo last update

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Contact

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Email

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Address

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Description

Description

The Masar project in Mecca is a mixed-use redevelopment initiative that aims to raise between SAR1.8 and SAR2 billion through an IPO on the Saudi stock exchange. It will feature 205 investment plots, 18,000 serviced apartments, 23,000 hotel keys, and a retail area of 216,000 sq m, covering a total area of 64 hectares.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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