SASCO to sell real estate assets worth over SAR 500 mln in 2025–2026

Saudi Automotive Services Company (SASCO) announced on Thursday its plans to sell several real estate assets owned by it and its subsidiaries, with an estimated value exceeding SAR 500 million, during 2025 and 2026. The move is part of its strategy to secure cash flow, enhance operational efficiency, and achieve sustainable investment returns.

According to the company’s statement on Tadawul, the step is part of efforts to restructure its real estate portfolio and capitalize on the high market value of certain assets. This will support its expansion plans, enhance shareholder value, and raise the return on assets.

The company confirmed it will continue to evaluate investment opportunities to balance the expansion of its service station network with maximizing financial returns for investors.