Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
ROSHN Group and Cognita Middle East have announced a major new King’s College Riyadh campus in the SEDRA community. This project is ROSHN’s largest private education development to date. Spanning 36,300 m², the facility will offer a British-international curriculum for students from pre-school to secondary levels. The partnership aims to provide world-class schooling and high-end sports facilities, supporting the growth of one of Riyadh’s fastest-growing residential neighborhoods.
Arcadis has been appointed as the Quantity Surveying consultant for two major infrastructure projects in Macau. The first involves the redevelopment of the former Yat Yuen Dog Racing Track into the Civic Sports Park, a 40,425 square metre hub. The second is the Macao Artificial Island Wastewater Treatment Plant for improved sewage management. These government-commissioned initiatives aim to advance sustainable urban development and enhance quality of life for residents.
Real estate giant REMAX has announced a major expansion of its global network with the sale of master franchise rights in Libya and a new office opening in Azerbaijan. The Tripoli-based Libyan operation is led by experienced owners Zyead and Alhareth Ghattour. In Baku, entrepreneur İdris Cengiz has launched a 2,000 square foot facility to serve a growing market. These moves increase the brand's presence to more than 120 countries and territories.
Danube Properties has unveiled Serenz by Danube, a 50-storey residential landmark in Jumeirah Village Circle. Featuring over 40 amenities across 120,000 square feet, the project offers fully furnished units starting at AED 850,000. Strategically located for quick road access, the development utilizes a 1 per cent monthly payment plan. The launch event included group leadership and brand ambassador Brett Lee, highlighting a significant expansion in Dubai's premium property market.
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