ALAKARIA

Saudi Real Estate Company, together with its subsidiaries, operates as a real estate development company in Saudi Arabia.It operates through Rental sector, Property Sales Sector, Infrastructure Projects Sector, Construction Projects Sector, and Facility management sector segments.The company engages in the acquiring, developing, leasing, and selling of buildable land, constructing residential, and commercial buildings; purchasing, producing, selling, and leasing materials and equipment; and provision of project management and real estate brokerage services.It is also involved in the construction of roads, bridges, tunnels, and earthworks; construction, extension, cleaning, maintenance, and operation of water, sewerage, and drainage networks; construction and maintenance of distribution networks and stations for electrical power and gas, telecommunication networks and communication towers, public parks and irrigation systems, and dams; and maintenance and sale of ready-mix concrete.In addition, it engages in the purchase, sale, and lease of land and real estate; development and real estate investment activities; and construction of residential and non-residential buildings, hotels, hospitals, shopping malls, commercial complexes, diplomatic quarters, and gated communities.Further, the company undertakes contracting works for buildings, electricity, communication networks, gas stations, cooling systems, and installing pipelines.Saudi Real Estate Company was founded in 1976 and is headquartered in Riyadh, Saudi Arabia.