«Masar sells land in Mecca for 138.98 million riyals to develop a hospitality tower
Reading time: 3 MinutesAl-Inma Development Company II Limited, the special purpose vehicle of Al-Inma Makkah Development Fund II, whose units are wholly owned by Umm Al-Qura Development and Construction Company, announced the signing of an agreement to sell a plot of land within the «Masar» destination in Makkah to Ideal Housing Development Company Limited, a subsidiary of Mithaq Investment Holding Company, for a value of SAR 138.98 million, excluding taxes and fees. Read more
