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SAR 1 billion mixed-use development launched in Riyadh

November 2015

Cayan Group, a leading property developer and real estate investment group in the Middle East, have collaborated with KSA based partners, Al Ajlan Holding and Al Saeed, for a new mixed-use development in the north of Riyadh, estimated at around SAR 1 billion. Renowned design consultants, Khatib & Alami (K&A), have been engaged as the main consultant of the project.

“The three groups have been working on this partnership for a while, and have established it for the purpose of implementing a project on a par with the level of such an alliance and in line with the highest standards required by the most prestigious clients in Riyadh,” said Chairman of Al Ajlan Holding Group.

Chairman of the Cyan Group said that it is a strategic alliance, adding that they looked forward to developing the project in line with their clients’ aspirations.