Logo of Al-Baha Investment and Development Co.
Al-Baha Investment and Development Co. announced that one of its subsidiaries, Ishraqah Regional Development & Real Estate Investment Co. a one-person company that is 100% owned by Elegant Centers Co. Ltd., acquired a commercial complex, showrooms, and offices in Riyadh at a value of SAR 65 million, excluding real estate transaction tax, the company said in a statement to Tadawul.
The expected impact will have a rise in investment real estate with non-current assets, the statement noted.
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