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Saudi real estate market needs SR500bln in five years

Posted on 16 April 2012

Saudi real estate market needs more than SR500 billion in the next five years to finance housing projects, a real estate expert has said.
Abdulhadi Al-Rashidi, GM, Real Estate Development Company, said there was a big drive for real estate development, both at governmental and private sector levels, or on public private partnership (PPP) basis, but difficulty arises when it comes to funding………………………………………..Full Article: Source


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