AL Habib Real Estate – invests 93 million dollars to construct al nakheel commercial center in Riyadh.
Riyadh: musaed al zayani
Al Habib Company for RE investment has announced on the construction al nakheel commercial center for the total value of 350 million riyals (93 million dollars) on king abdulaziz road in Riyadh. Abdulaziz al yousof the general manager for the company announced that al nakheel center is considered to be on of the biggest commercial centers in KSA in regards to the huge site it is built on which reaches 200,000 square meter, also that construction contracts has been signed with al rabiyia company, al nassar lil kharasan company and al baridi for construction company.
Work at the site has started since the past mid November, as soon as all sketches and design was approved. A designated team was put to work on analyzing the project from all kinds of aspects. The GM also added that al nakheel center is exceptional in the variability of services. As it also has car parking that takes more than 2500 car. And the most important point is the tremendous support provided from the council of Riyadh City
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