16.04.2012 - Saudi real estate market needs SR500bln in five years

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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