Total sales by the “Enforcement” have exceeded two billion riyals since its establishment in September 2020, including claims for heirs and creditors, as well as voluntary liquidations entrusted to it by the private sector, thereby helping to preserve asset values and expedite the process of settling claims. Sales for the month of October alone exceeded 600 million riyals.

In October alone, the Center oversaw the organization and conduct of 24 public auctions, including 15 in-person auctions and 9 electronic auctions, across a geographical scope spanning 16 cities and provinces in various regions of the Kingdom, featuring more than 298 real estate and movable property items.

During the first half of this month, the Center will oversee three additional auctions: the “Real Estate Opportunities Auction” for the sale of nine commercial and residential properties in Riyadh, the “Qurna and Al-Bajadiyah” auction to sell three properties in Al-Dawadmi Governorate, and the “Al-Jawwar” auction in Makkah to sell 19 residential and commercial properties.
The Support and Liquidation Center «Enforcement» as one of the initiatives of the National Transformation Program under the Kingdom’s Vision 2030, with the aim of enhancing government performance and improving services for beneficiaries, by accelerating liquidation processes related to inheritance cases or financial claims, through outsourcing liquidation work to the private sector and supervising its performance within frameworks of quality and transparency.

Since its establishment, the Center has succeeded in reducing the average liquidation period to less than 80 days and attracting more than 1,400 commercial entities to participate in projects related to the valuation, preparation, and sale of real estate and movable assets.