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Press Dossier   News Category    Legal    ROSHN Group, Dar Al Arkan sign $57m deal

Arab News, Tue, Apr 16, 2024 | Shawwal 7, 1445

​​ROSHN Group, Dar Al Arkan sign $57m deal

Saudi Arabia: ROSHN Group, Saudi Arabia’s leading national real estate developer, signed a SR215 million ($57.3 million) sale and purchase agreement with partner developer Dar Al Arkan, the Saudi Press Agency reported.

Under the agreement, Dar Al Arkan will acquire and develop residential villas in SEDRA 1A, which is in northern Riyadh.

ROSHN’s latest collaboration with a Saudi developer is part of the company’s overall strategy to team up with best-in-class entities in a variety of domain-specific services.

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