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About Saudi Real Estate Company (Al Akaria)

Saudi Real Estate Company, together with its subsidiaries, operates as a real estate development company in Saudi Arabia. It operates through five segments: Rental sector, Property Sales Sector, Infrastructure Projects Sector, Construction Projects Sector, and Facility management sector. The company engages in the construction, maintenance, and operation of residential and commercial buildings for selling and leasing; and provides project management services. It also produces materials and equipment for construction and related works. In addition, the company is involved in the construction of roads, bridges, tunnels, and earthworks; construction, extension, cleaning, maintenance, and operation of water, sewerage, and drainage networks; construction and maintenance of distribution networks and stations for electrical power and gas, telecommunication networks and communication towers, public parks and irrigation systems, and dams; and maintenance and sale of prefabricated concrete. Further, it engages in the electricity work; maintenance of garden and parks; operation of water and sanitation networks; purchase, sale, and lease of land and real estate; development and real estate investment activities; and maintenance and operation of hospitals, medical centers, and government and private clinics. Saudi Real Estate Company was founded in 1976 and is headquartered in Riyadh, Saudi Arabia.