Money and business

“First Avenue”: The launch of the “Development” program for partnership with white land owners


Al -Jada Al -Awatah Real Estate Development Company launched the (Tanmia) program, which is an innovative partnership program with landowners inside the city of Riyadh. "Saudi Arabia trading": The launch of the program is in line with government trends to stimulate real estate development in order to increase housing and commercial supply in the capital and transform unarmed lands into integrated vital projects with rewarding returns. Maximizing the value of the assets and accelerating their conversion to integrated real estate projects, whether residential, commercial or educational. Investment funds, concluding direct development agreements, in addition to purchase, rental or barter options.

The company explained that the launch of a development program comes in line with the vision of the wise leadership in raising the percentage of housing and the balance between demand and supply in the real estate market, and reflects the commitment of the “first avenue” to its national role in promoting urban development and creating new investment opportunities and providing innovative real estate products that meet the needs of the market.

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