#AsasMakeen is embarking on a broad horizon in the field of real estate development and investment by purchasing land with an area of 2040 m2 north of Riyadh to establish its headquarters.
<p>We are pleased to announce that the Capital Market Authority (CMA) has approved Asas Makeen’s offering on the Parallel Market "Nomu," marking the beginning of a new chapter of growth and innovation in the real estate sector. Together, we build a stronger future.</p> <p>The Capital Market Authority has approved the offering of 10% of Asas Makeen’s shares on the Parallel Market - Nomu.</p>
Based on the company's vision and aspirations for expanding investment in promising real estate opportunities, Asas Makeen has completed the acquisition of two plots of land on King Salman Road, north of Riyadh, for over 100 million Riyals. This will facilitate the development of commercial, residential, and hotel towers, in line with the company's goals and objectives.
As part of the #CityscapeGlobal exhibition, #Asas_Makeen and the Saudi French Bank signed a memorandum of understanding aimed at providing financing solutions that open a range of options for beneficiaries of Makeen's projects, enabling them to own residential units and invest.