Barwa buys land plot worth $176m in Saudi

Doha – Mubasher: Barwa Real Estate Company announced on Monday the completion of purchasing a vacant land plot of 2,216,060 square meters in Al Janadriyah area, Riyadh, for SAR 659.28 million ($175.6 million).

The general outline includes a full residential and commercial district, according to a bourse filing.

Barwa seeks to construct the infrastructure works of Project’s Master Plan within the fourth quarter of 2018.

Mubasher Contribution Time: 01-Aug-2016 14:10 (GMT)
Mubasher Last Update Time: 01-Aug-2016 14:10 (GMT)