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In one of Riyadh’s largest real estate transactions in the first half of 2025, SEDCO Capital REIT announced the acquisition of the “Palm View” office development from Al Basateen Real Estate.
SNB Capital Company, in collaboration with Al-Shegrey Investment Group, has proudly announced the launch of the Al-Ahli Al-Basateen Real Estate Fund, valued at SAR1 billion.
Luxury real estate developer Al Basateen, a subsidiary of Alshegrey Group, and Riyad Capital, one of the largest asset managers in the Kingdom of Saudi Arabia and pioneer in the real estate investment space.

Built up Area (SQM):

338 – 430 M2

No. of units:

61 VILLA

Land Area (SQM):

700 – 1000 M2

Built up Area (SQM):

509-561 M2

No. of units:

134 VILLA

Land Area (SQM):

300-327 M2

Built up Area (SQM):

509-561 M2

No. of units:

134 VILLA

Land Area (SQM):

300-327 M2

Built up Area (SQM):

1004+

No. of units:

134 VILLA

Land Area (SQM):

400+

Built up Area (SQM):

35,743 M2

No. of zones:

3

Land Area (SQM):

25,072 M2

Built up Area (SQM):

16,964 M2

U.G Parking Basaments:

3

Land Area (SQM):

10,325 M2

Built up Area (SQM):

138,729 M2

Offices Residental:

Components

Land Area (SQM):

35,000 M2

Mixed-Use:

Rental