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- Dar Al Arkan to acquire and develop residential villas in SEDRA 1A
RIYADH: 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.