First Avenue Real Estate Development CompanyTADAWUL: 9610

First Avenue Signs Development Agreement For A Mixed-Use Project With North Star Real Estate Fund

· Issued by First Avenue Real Estate Development Company

On 6ix: 6ix.com/news/first-avenue-signs-development-agreement-for-a-mixed-use-project-with-north-star-real-estate-fund

FIRST AVENUE FOR REAL ESTATE DEVELOPMENT TADAWUL:9610:

  • FIRST AVENUE - SIGNING OF A DEVELOPMENT AGREEMENT FOR A MIXED-USE PROJECT WITH NORTH STAR REAL ESTATE FUND

  • FIRST AVENUE - CONTRACT DURATION 24 MONTHS

  • FIRST AVENUE - DEVELOPMENT FEE AMOUNTS TO 13% OF ACTUAL PROJECT COSTS, WHICH ARE EXPECTED TO BE ALMOST SAR 83 MILLION

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