Sumou wins SAR 7M contract to manage infra work for land in Jeddah

26/09/2024 Argaam
Sumou Real Estate Co.headquarter

Sumou Real Estate Co. headquarter

 

Sumou Real Estate Co. signed, on Sept. 25, a contract with Baitek Real Estate Co. to manage the infrastructure development of a land plot in Jeddah for a total development fee of SAR 7 million.

 

In a statement to Tadawul, the company said the land spans 707,254 square meters.

For more news and details on the projects

 

The contract duration is 30 months, the statement said.

 

The project is expected to positively impact the company's results once the contract is signed.

 

There are no related parties to the deal.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.