Arriyadh Development Company announces the acquisition of an office building on King Fahad Road in Riyadh City, Transaction Details: Acquisition of an office building located in Al Malga Area North of Riyadh City, Transaction Value: SAR 168 million (excluding land registration tax), Transaction Terms: Land transfer on 20 October 2022, Parties of the Transaction: Arriyadh Development Company and Burj Al Balad Company, Transaction Funding Method: Available cash in the company's account, Description of the Business of the Asset forming the Subject Matter of the Transaction: Office building (2 Basements + G + M + 12 floors) with total Net Leasable Area of c. 10,500 sqm on King Fahad Road (Al Malga Area) North of Riyadh City.
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5-day change | 1st Jan Change | ||
21.66 SAR | +1.59% | -2.52% | +2.56% |
May. 24 | Arriyadh Development Extends MoU for New Real Estate Entity | MT |
May. 09 | Arriyadh Development Co. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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+2.56% | 1.03B | |
-10.83% | 26.36B | |
+1.43% | 25.9B | |
+12.29% | 24.19B | |
+35.85% | 21.26B | |
+7.12% | 20.63B | |
-3.28% | 18.43B | |
+3.23% | 16.74B | |
+34.62% | 16.42B | |
+1.04% | 15.04B |
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