The Saudi-based Cayan Real Estate Investment & Development Co., Ajlan Bin Abdulaziz Al Ajlan and Brothers (Ajlan and Bros) and Al Saeed Real Estate Co. have formed a consortium to develop a mixed-use project in northern Riyadh.
The project is expected to cost SAR 1 billion, Cayan said in a statement.
Khatib & Alami (K&A) was hired as an advisor for the initiative.
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