Element List	Explanation
Introduction	Adeer Real Estate Company announces the signing of an exclusive agreement on 27 June 2026 with Al Nubalaa International Real Estate Investment Co. Ltd. to market and sell the Millennium Hotel located in Makkah, which contains 850 hotel rooms and suites.
Date of Announcement of the Award	2026-06-27 Corresponding to 1448-01-12
Contract Subject Matter	An agreement between Adeer Real Estate Company and Al Nubalaa International Real Estate Investment Company Ltd. to provide exclusive marketing and sales services for the Millennium Hotel located in Makkah, AlMasfalah District, Ibrahim Al Khalil Road. The hotel contains 850 hotel rooms and suites. The sale includes all buildings, structures, equipment, facilities, rights, privileges, licenses, and all assets associated with the hotel.
The Entity with Which the Contract was Signed	Al Nubalaa International Real Estate Investment Company Limited
Date of Signing the Contract	2026-06-27 Corresponding to 1448-01-12
Contract Value	The estimated contract value represents approximately 10% of Adeer Real Estate Company's revenue, based on the Company's latest audited annual financial statements.
Contract Details	An agreement has been signed between Adeer Real Estate Company and Al Nubalaa International Real Estate Investment Co. Ltd. to provide exclusive marketing and sales services for the Millennium Hotel, located in AlMasfalah District, Ibrahim Al Khalil Road, Makkah. The hotel contains 850 hotel rooms and suites. The sale includes all buildings, structures, equipment, facilities, rights, privileges, licenses, and all assets associated with the hotel.
Contract Duration	Six (6) months from the date of signing the agreement.
Financial Impact and the Relevant Period	The agreement is expected to have a positive financial impact on the Company upon completion of the sale of the hotel and receipt of the related fees.
Related Parties	N/A