Retal Urban Development Company announces the signing of two agreements with ROSHN Group for the purpose of developing 163 residential units in AlManar Community in Makkah Al-Mukarramah City

Element List	Explanation
Introduction	Retal Urban Development Company has signed two agreements to purchase and develop residential lands with ROSHN Group, a Public Investment Fund Company, with the aim of developing residential units in AlManar Community in Makkah Al-Mukarramah City
Date of Announcement of the Award	2026-07-01 Corresponding to 1448-01-16
Contract Subject Matter	Conditional agreements to purchase lands for the purpose of developing it for residential use
The Entity with Which the Contract was Signed	ROSHN Group, a Public Investment Fund (PIF) Company
Date of Signing the Contract	2026-07-01 Corresponding to 1448-01-16
Contract Value	SAR 123,830,000
Contract Details	The total number of units expected to be developed is 163 residential units
Contract Duration	36 months to develop the residential units
Financial Impact and the Relevant Period	The project is expected to have a positive impact on the Company's results over the project's development period, for the years 2027G, 2028G, 2029G
Related Parties	N/A
Additional Information	For any inquiries, please contact Investor Relations Department at: +966138013803 or by e-mail: IR@retal.com.sa