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  • 21-12-22

    ROSHN, Ajdan ink land agreements to establish 270 villas in Riyadh’s SEDRA venture

    (MENAFN) Saudi Arabia's national developer ROSHN has inked a land buying deal with real estate company Ajdan to establish more than 270 family villas in its flagship community SEDRA.

    Surrounding a land of 80,700 sq. m, the additional villas are going to be built into SEDRA’s development of walkable housing neighborhoods in the capital of Saudi Arabia, Riyadh.

    SEDRA includes eight phases throughout 20 million sq. m which is going to accommodate more than 30,000 homes as well as across 300 amenities.

    Saudi Public Investment Fund-backed ROSHN targets to additionally cooperates with real estate companies in the nation in an attempt to grow the industry by supplying investment chances and establishing additional employment opportunities.

    “By partnering with leaders in the real estate arena, like Ajdan, we ensure that the residents of our communities have access to the best products and services that the industry has to offer. Like us, Ajdan is introducing new living experiences to the Saudi housing market,” according to ROSHN chief executive David Grover.

    MENAFN21122022000045014228ID1105335905

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