| Introduction | Adeer Real Estate Company announces the signing of a contract dated 05-02-2026 with the Saudi Economic and Development Securities Company (SEDCO Capital) to provide brokerage services for an acquisition transaction of a land plot in Riyadh with an area of 115,097.89 square meters, for a fund managed by SEDCO Capital. |
| Date of Announcement of the Award | 2026-02-05 Corresponding to 1447-08-17 |
| Contract Subject Matter | A contract between Adeer Real Estate Company and the Saudi Economic and Development Securities Company (SEDCO Capital) to provide brokerage services in an acquisition transaction of a land plot in Riyadh with an area of 115,097.89 square meters, for a fund managed by SEDCO Capital. |
| The Entity with Which the Contract was Signed | Saudi Economic and Development Securities Company (SEDCO Capital) |
| Date of Signing the Contract | 2026-02-05 Corresponding to 1447-08-17 |
| Contract Value | Adeer Real Estate Company is entitled to a brokerage commission amounting to SAR 23,019,600, to be settled in the form of in-kind units in the fund at the establishment price. |
| Contract Details | A contract has been signed between Adeer Real Estate Company and the Saudi Economic and Development Securities Company (SEDCO Capital) to provide brokerage services for an acquisition transaction of a land plot in Riyadh with an area of 115,097.89 square meters, for a fund managed by SEDCO Capital. |
| Contract Duration | Ninety (90) days commencing from the date of signing the contract. |
| Financial Impact and the Relevant Period | The Company expects this contract to have a positive impact starting from the date of registering the in-kind units in the Fund |
| Related Parties | N/A |