“Raj and Bcell sign a contract to develop a shopping mall worth SAR 1.2 billion

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Raj Real Estate Company - a subsidiary of Al Rajhi Union Group - and Basil Real Estate have signed an alliance agreement in which the two companies will finance and develop the Riyadh Walk project located on the northern ring with an investment of 1.2 billion SAR, the project is located on an area of 137 thousand square meters, with a main facade of 650 meters.

<On this occasion, Engineer Waleed bin Saad Al Hazaa, CEO of Raj Properties, said: This project is a rich addition to the real estate market and is characterized by the multiplicity of activities as an integrated economic system that constitutes a qualitative leap in the size and quality of projects, in addition to its real estate value and its vital location in the north of the capital, this project is a qualitative addition to the retail, office and hospitality market.

On this occasion, Engineer Waleed bin Saad Al-Hazaa, CEO of Raj Real Estate Company, said. <For his part, Dr. Ahmed bin Abdullah Bakerman, CEO of Baseel Real Estate Company, said: This project is a serious step in upgrading commercial projects by offering a unique product that meets the requirements of the different family requirements in an attractive style that provides a new outlet for different age groups in addition to high-end hotel and office services.

For his part, Dr. Ahmed bin Abdullah Bakerman, CEO of Baseel Real Estate Company, said.