Alandalus Property Co. has put Panorama Jeddah project on hold, after reconsidering the project’s feasibility study.
Sorouh El Marakez Co., which is 25 percent owned by Alandalus, was authorized to decide on the land plot, located in Jeddah's Al Sawari district, Alandalus Property said in a bourse filing.
Panorama Jeddah Mall was expected to cost SAR 754.44 million, Argaam previously reported.
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