First Avenue Signs Development Agreement For A Mixed-Use Project With North Star Real Estate Fund

About this update from First Avenue Real Estate Development Company

FIRST AVENUE FOR REAL ESTATE DEVELOPMENT TADAWUL:9610:FIRST AVENUE - SIGNING OF A DEVELOPMENT AGREEMENT FOR A MIXED-USE PROJECT WITH NORTH STAR REAL ESTATE FUNDFIRST AVENUE - CONTRACT DURATION 24 MONTHSFIRST AVENUE - DEVELOPMENT FEE AMOUNTS TO 13% OF ACTUAL PROJECT COSTS, WHICH ARE EXPECTED TO BE ALMOST SAR 83 MILLION

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