SAR 4.7 billion in first-quarter sales for the attribution and liquidation center

Through in-person and online auctions, the center sold 2,147 real estate assets, with Riyadh (2.9 billion) and Mecca (1.1 billion).

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Enforcement Center achieved sales worth more than 4.7 billion riyals through physical and electronic auctions during the first quarter of this year, through which it sold 2147 real estate assets in different regions of Saudi Arabia.

The Riyadh region accounted for about 50% of the total sales value with 2.9 billion riyals for 488 real estate assets, while the Makkah region came second with 1.1 billion riyals for 563 real estate assets, where these real estate assets vary between residential, agricultural and other properties.

The Enforcement and Liquidation Center is a governmental center with legal status, which seeks to achieve cooperation between the judicial and governmental authorities in the tasks of liquidation and sale of assets assigned by the judicial authorities, or that do not have a pending judicial dispute, by assigning them to specialized technical authorities and supervising their work, in order to preserve asset values, accelerate the process of fulfilling the rights, and achieve the judicial and economic value that the center undertakes.

The Enforcement Center is a governmental center with legal status, which seeks to achieve cooperation between the judicial and governmental authorities in the tasks of liquidation and sale of the assets assigned by the judicial authorities.