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New $266m fund set up to develop Sports Boulevard plots - Vimarsana News

New $266m fund set up to develop Sports Boulevard plots

Sports Boulevard Foundation (SBF) has signed an agreement with Saudi developer Ajdan and Albilad Capital to establish a private mixed-use real estate fund worth SAR1 billion ($266 million) for the development of private plots within the Arts District.

'Sports Boulevard' Establishes Private Real Estate Investment Fund for Riyadh's Arts District - Vimarsana News

'Sports Boulevard' Establishes Private Real Estate Investment Fund for Riyadh's Arts District

In its inaugural private sector partnership, the Sports Boulevard Foundation (SBF) signed an agreement with Ajdan real estate development company, and Albilad Capital to establish a private mixed-use real estate fund valued at SAR 1 billion for the development of the private plots within the Arts District, one of the eight districts of the Sport Boulevard project.

Source: aawsat.com
Radisson Hotel Group set to launch Mansard Riyadh in the next 2 weeks - Vimarsana News

Radisson Hotel Group set to launch Mansard Riyadh in the next 2 weeks

RIYADH: Radisson Hotel Group is opening its second flagship hotel under its luxury brand Radisson Collection Mansard Riyadh. Elie Milky, the company’s vice president of business development in the Middle East, Pakistan, Cyprus and Greece, told Arab News at the Future Hospitality Summit that Mansard Riyadh will open in the next two weeks. “Radisson Collection is our premium

3 expat workers run over by car in Bahrain - Vimarsana News

3 expat workers run over by car in Bahrain

The three were working on a road when the car rammed into them