GACO says title deed issued for 74M sqm land

10:02 AM (Mecca time) Argaam
Logo ofAl Gassim Investment Holding Co. (GACO)

Logo of Al Gassim Investment Holding Co. (GACO)

Al Gassim Investment Holding Co. (GACO) said it received the title deed for a 74.04 million square meter (sqm) plot of land in the Sheri district of Qassim, according to a statement to Tadawul

 

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The relevant financial impact will be determined later, the statement added.

 

In June 2020, a royal decree allowed GACO to own the 74.04 million sqm plot as part of a larger land grant in Shari, Qassim.

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