Dar Al Arkan completes Dar Global listing on LSE

23/02/2023 Argaam
Logo of Dar Al Arkan Real Estate Development Co.

Logo of Dar Al Arkan Real Estate Development Co.

Dar Al Arkan Real Estate Development Co. announced today, Feb. 23, listing its international development subsidiary, Dar Global on London Stock Exchange (LSE).

 

Dar Global was established in 2017 to upend the global luxury real estate market and develop the international assets of Saudi-listed Dar Al Arkan. Liberum Capital Limited acted as capital markets advisor on the listing, while Norton Rose Fulbright was legal advisor.

 

In a statement, Dar Al Arkan said that Dar Global primarily focuses on the development of international homes and luxury second homes at prime locations in the Middle East and Europe, including downtown Dubai, Muscat in Oman, Costa del Sol in Spain and Central London.

 

The company also collaborates with global luxury brands, including Missoni, W Hotels, Versace, Elie Saab, Automobili Pagani, and Automobili Lamborghini.

 

The company’s portfolio has 11 premium projects in six different countries, three of which, including Urban Oasis, the Da Vinci Tower in Dubai, and Sidra in Bosnia, set to be completed in Q4 2023.

 

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