Roshn ties up with Dar Al Arkan for Saudi villa project
CONSTRUCTION NEWS
Roshn Group, a leading real estate developer in Saudi Arabia, has signed a SAR215 million ($57.2 million) partnership agreement with top developer Dar Al Arkan for the construction of residential villas within its Sedra community.
A fully-owned unit of Saudi wealth fund PIF (Public Investment Fund), Roshn has previously partnered with global firms to provide smart and environment-friendly solutions for the residents of its compounds said a statement from the company.
The deal comes as part of the group’s efforts to further strengthen its leadership in the kingdom’s real estate market by expanding its strategic partnerships with best-in-class entities, it added.-TradeArabia News Service
