Thndr Claps » Saudi Claps » Real Estate 🏡 » “Retal” and “Roshn” sign two agreements 💰
The ClapRetal (4322) signed two agreements for the purchase and development of residential lands with Roshn in the Sedra residential complex, a subsidiary of the Public Investment Fund,
WhatBoth agreements are expected to be valued at SAR 356.9 million.
The total land area is 96,900 square meters, while the expected total number of units is 554 units.
So WhatThe company expects the agreements to have a positive impact on its financial results for 2023, 2024, and 2025.
Now WhatThe first agreement will last for 24 months, while the second agreement will last 36 months.
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