Adeer focuses on high-yield strategic deals, sees continued momentum: CEO

The top executive added that the Saudi-listed developer’s reliance on innovative marketing solutions and integrated work teams helped maximize revenues and slash operating expenses, which directly affected profits.

During the first half of 2025, a number of qualitative deals played a pivotal role in Adeer’s robust growth, including the marketing and liquidation of land and real estate plots in high-demand areas such as Makkah and Riyadh, in addition to signing real estate development partnerships with some government and private entities, he added.

Other positive drivers included the sale of residential and commercial units in the company's development projects. The CEO stated that marketing and real estate brokerage activities accounted for nearly 99% of Adeer’s topline, while real estate development projects dominated about 1% of revenues.

He expected the momentum to continue through the second half of this year, in tandem with continued high demand from investors and developers.

The incentivizing regulatory environment and market dynamics provide the company with promising opportunities to maintain its growth and achieve its operational goals, according to Al Saad.

This also underscores Adeer’s commitment to delivering sustainable value to its shareholders, besides strengthening its position in the real estate market, he pointed out.

According to Argaam’s data, Adeer reported a 77% increase in net profit to SAR 68.3 million for the first half of 2025, compared to SAR 38.5 million in the same period of 2024.

Adeer’s shares started trading on the Nomu-Parallel Market on May 26, 2025, at SAR 85 apiece. The company specializes in real estate marketing and sales management, through direct sales, real estate auctions, and sales centers.