The Clap
Roshn, a subsidiary of the Public Investment Fund (PIF), acquired the shopping, business and entertainment areas of “Riyadh Front“, located near the “Sedra” project.
What
The company is purchasing commercial and retail space in Riyadh Front, the latest step in its real estate journey and making the company the largest multi-asset real estate developer in the region.
So What
Roshn signed a property management agreement with the main developer and operator of Riyadh Front, as the Front opened in 2019.
Since then, it has become a major attraction in the trade and retail scene in Riyadh.
Now What
The multi-use facilities and centers of the Riyadh Front will aid Roshn’s efforts in providing a variety of entertainment means to the residents in “Sedra”.
