First Avenue signs investor relations agreement with Argaam

Signing the agreement

Argaam Investment Co. recently signed a partnership agreement with First Avenue Real Estate Development Co. to strengthen collaboration by facilitating the exchange of financial data among the latter’s investors.

The agreement, which was signed on the sidelines of the Future Real Estate Forum, is aimed at exchanging information related to First Avenue and the real estate market. It also seeks to provide customized company content in a way that enhances its transparency and investor relations.

Mohammad Al-Sabr, CFO of First Avenue, said, "We are pleased with this partnership with Argaam Investment, which will support the Kingdom’s real estate development sector by delivering specialized data and analyses that assist investors and decision-makers in making informed investment choices."

On his part, Abdulaziz Alobaid, CRO at Argaam Investment, underlined, “This agreement marks a significant step in expanding our services and increasing the value we offer to our partners among listed real estate companies. It supports the achievement of shared goals and contributes to the growth of the Saudi real estate market.”

Argaam Investment already provides investor relations services to multiple listed companies, striving to build a credible and trustworthy relationship between listed companies and their shareholders.