Announcement of Adeer Real Estate Company on the successful execution of the auction for selling Al-Wahat Jeddah land.
| Element List | Explanation |
|---|---|
| Announcement Detail | Adeer Real Estate Company announces its success in marketing the Al-Wahat Jeddah land owned by Baitak Real Estate Company, as the property was sold in the public auction held in Jeddah on Wednesday, 17-09-2025. The total sales during the auction amounted to SAR (707,253,170) – excluding VAT.
It is expected that this will have a positive financial impact on the company’s results for the second half of 2025.
Adeer Real Estate confirms that the success of this auction comes as part of the company’s ongoing achievements in marketing lands and properties |
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