Adeer Real Estate Company Announces the successful execution of the Al-Misk auction.
| Element List | Explanation |
|---|---|
| Announcement Detail | Adeer Real Estate Company announces the successful marketing and sale of the Rozoun Al-Misk hotel towers in the city of Makkah Al-Mukarramah, owned by Deyafat AlAhli Real Estate Company. The sale was completed through a public auction held in Jeddah on Wednesday, October 22, 2025, with a total value of SAR 593,312,500.
This transaction is expected to have a positive financial impact on the company’s results upon the transfer of ownership to the buyer and the collection of the company’s commission fees.
Adeer Real Estate confirms that the success of this auction is part of the company’s ongoing achievements in marketing and selling land and properties. |
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