{"id":108410,"date":"2026-08-05T17:05:59","date_gmt":"2026-08-05T14:05:59","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=108410"},"modified":"2026-08-05T17:06:01","modified_gmt":"2026-08-05T14:06:01","slug":"%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a9-%d8%aa%d9%83%d8%b4%d9%81-%d8%b9%d9%86-%d8%aa%d8%a3%d9%87%d9%84-8-%d9%83%d9%8a%d8%a7%d9%86%d8%a7%d8%aa-%d9%85%d8%ad","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/108410\/","title":{"rendered":"\u00abState Real Estate\u00bb Announces That 8 Local and International Entities Have Qualified to Develop \u00abWadi Al-Jawda\u00bb in Riyadh"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Announced<strong><a href=\"https:\/\/amlak.net.sa\/en\/80122\/\"> Public Authority for State Properties<\/a><\/strong>In collaboration with the National Privatization Center, eight local and international companies and consortia have qualified to compete for the \u00abWadi Al-Jawda\u00bb project in Riyadh, which is being implemented under a public-private partnership model. In a statement, the Authority clarified that the list of qualified companies includes Mada International Holding, Tanama Holding, and Al-Ayuni Investment and Contracting, along with five consortia that met the project\u2019s qualification requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The qualifying alliances included:<\/strong><br>First Consortium: Saudi Binyan, Al-Rashid Real Estate, and Abdulrahman Saad Al-Rashid &amp; Sons.<br>Second Consortium: Al-Awwal Real Estate Development and Wajdan Real Estate Development.<br>The Third Alliance: SkyBridge, Areic, and the Al-Bawardi Group.<br>The Fourth Consortium: ASETS for Facilities Management, Hayazah, Ahmed Mohammed Al-Saif &amp; Sons, and Bayt Al-Mawared Contracting.<br>The Fifth Alliance: Bani Holding, Bani, and Sumo Investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project aims to redevelop the main site of the Saudi Standards, Metrology, and Quality Organization headquarters in the Al-Muhammadiyah neighborhood of Riyadh and transform it into an integrated, mixed-use urban development covering an area of more than 191,000 square meters.<br>The project involves the creation of an urban destination that includes government and commercial offices, retail facilities, and a mosque, along with green spaces and a network of roads and pedestrian walkways, thereby contributing to the development of the area and enhancing the quality of the urban environment.<br>In April 2026, the General Authority for State Real Estate and the National Center for Privatization launched the expression of interest phase for the project, which is being implemented under a Design, Build, Finance, Operate, Maintain, and Transfer (DBFOMT) model, under a 32-year contract, plus 3 years allocated for construction work.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>The General Authority for State Real Estate, in cooperation with the National Privatization Center, announced that eight local and international companies and consortia have qualified to compete for the \u00abWadi Al-Jawda\u00bb project in Riyadh, which is being implemented under a public-private partnership model. In a statement, the Authority clarified that the list of qualified companies includes Mada International Holding, Tanama Holding, and Al-Ayuni Investment and Contracting, along with five consortia that met the requirements \u2026 <a title=\"\u00abState Real Estate\u00bb Announces That 8 Local and International Entities Have Qualified to Develop \u00abWadi Al-Jawda\u00bb in Riyadh\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/108410\/\" aria-label=\"Read more about \u00abState Real Estate\u00bb Announces That 8 Local and International Entities Have Qualified to Develop \u00abWadi Al-Jawda\u00bb in Riyadh\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":68553,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[104],"tags":[],"class_list":["post-108410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u0645\u0634\u0631\u0648\u0639 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