Agreements3 min read
Strategic Agreement with Kingdom Holding for Riyadh Project
April 2026
By, Sumou Real Estate
Sumou Real Estate signs exclusive agreement with Kingdom Holding subsidiaries to develop, market, and sell plots over 3.07M sqm in Riyadh.
Sumou Real Estate entered an agreement with subsidiaries of Kingdom Holding Company to provide exclusive infrastructure development management, marketing, and sales for commercial and residential plots in Riyadh spanning over 3.07 million square meters. Expected total sales reach approximately 4 billion SAR. Sumou oversees planning, licensing, engineering design, execution, contractor supervision, and land marketing, reinforcing its leading position in large-scale Saudi real estate management.
Key Highlights
- Exclusive development management and sales for Kingdom Holding
- Project area exceeds 3.07 million square meters in Riyadh
- Expected total sales reach approximately 4 billion SAR
- Comprehensive commercial and residential land development
Sumou Real Estate