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A real estate investment, development and management company based in Riyadh. The company owns and operates numerous assets across the city, including in public goods services markets, residential and office real estate, and transportation, among other sectors. Notable assets include Uteiqah Central Markets, AlAziziyah Central Market, AlTameer Wholesale Markets in AlDeira, Tilal AlRiyadh in AlMalqa and AlTameer International Car Auction in AlRimal.
Overview
Arriyadh Development Co. (ARDCO) was established in 1994 as a joint-stock company.
The company’s main activity is general construction of residential and non-residential buildings. ARDCO operates mainly in three principal segments: operating, leasing, and sale and contribution of lands. The operating segment includes the operation of Attameer Vegetable and Fruit Wholesale Market, Attameer Public Transportation Center and Attameer International Car Auction. The leasing segment includes leasing units in Attameer Wholesale Center and Attameer Meat and Vegetable Market. Sale and contribution of lands segment includes selling developed lands in Attameer Sunrise Cities, Attameer Technical Services City and Attameer Riyadh Hills.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1994 |
Commercial Register: | 1010124500 |
Website: | www.Riyadh.Dev |
faldajani@ardco.com.sa | |
Phone | +966 11 4110333 |
Fax | +966 11 4118333 |
Address | Third floor - Al-Tameer Development Center for Wholesale - Qasr Al-Hakam District - Riyadh 11462 |
PO Box | 7442 |
Argaam Classification
Industry Peers
Saudi Real Estate Co. |
Alandalus Property Co. |
Arabian Centres Co. |
Financials Highlights (M )
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 177.46 |
Free Float % : | 99.82 |
Weight in Index % : | 0.15 |
3M Average Volume : | 310,361 |
3M Average Transactions : | 818 |
Change(12M) % : | 3.02 |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Tanal for real estate investment and development | Saudi Arabia | 69.38 % |