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FinancialNews
08-03-23
ROSHN declares additional integrated community in Riyadh
(MENAFN) Saudi real estate developer ROSHN has declared its second residential community in eastern Riyadh’s Al Janadriyyah region in an action that is going to witness homes supplied for 13,000 residents.
The additional WAREFA venture is going to have integrated amenities such as a district mall, primary healthcare facility, public as well as private schools, on top of several mosques.
The fresh venture from the Public Investment Fund-possessed developer is going to be established through 1.4 million sq. m, and it is going to have 2,000 homes.
“Al Janadriyyah is an area that has undergone rapid evolution in recent years, and WAREFA will provide an integrated, sustainable community with services and amenities to support the district’s growth,” according to what was said by Group chief executive of ROSHN David Grover.
He went further on to say that “We are excited to continue delivering on ROSHN’s mandate and expand ROSHN’s vision for new communities and lifestyles across our capital city.”
MENAFN08032023000045014228ID1105728728
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