Ladun Investment Company announced on Sunday the acquisition of a residential commercial complex in Riyadh’s Al-Sulaimania district for SAR 83.8 million. The complex spans 10,000 square meters and aims to enhance profitability through the re-planning and development of residential and commercial products.
The deal will be financed through a combination of bank facilities and the company’s own resources. Laden Investment anticipates that this acquisition will boost its business operations and generate profits from real estate development and sales.
The transaction was facilitated by Prince Turki bin Fahd bin Mohammed Al Saud.
