The Enforcement and Liquidation Center “Enforcement” announced that it will hold five public auctions under its supervision, featuring properties in the Riyadh, Al-Qassim, and Ha’il regions, from September 26 to 29, 2021.

Enfaaz Center Auctions

These auctions feature 26 real estate investment opportunities, with a total area exceeding 500,000 square meters, starting with the Unaizah online auction, which features four real estate opportunities consisting of two villas, a rest house, and a traditional house in Unaizah Governorate, followed by the Al-Bukairiyah auction, which features a real estate opportunity consisting of commercial land in Al-Bukairiyah Governorate; the Hail auction, which features 10 real estate opportunities consisting of 7 agricultural and residential plots, two villas, and a traditional house in the city of Hail; and the Al-Anwan Auction, which features 4 real estate opportunities consisting of showrooms, exhibition halls, and a warehouse in the city of Riyadh; and the “Al-Bada’i” Auction, which features 7 investment opportunities consisting of 7 residential plots in Al-Bada’i Governorate.

Asset Liquidation

The enforcement of the specialized firm responsible for supervising the liquidation of real estate and movable assets entrusted to it for sale by judicial authorities, the private sector, or private estates, by appointing experts and service providers from entities specializing in valuation, marketing, property management, security, and inventory, through listing them on the electronic platform in a fully transparent and competitive manner, thereby contributing to the preservation of asset values, accelerating the process of enforcing rights, and realizing the fair and economic value that the Center is committed to.