Sumou Real Estate Announces Agreement For Riyadh Land Plots With Kingdom Real Estate Development

About this update from Sumou Real Estate Co.

Sumou Real Estate Company SJSC TADAWUL:4323:SUMOU REAL ESTATE - ANNOUNCES AGREEMENT FOR RIYADH LAND PLOTS WITH KINGDOM REAL ESTATE DEVELOPMENTSUMOU REAL ESTATE - CONTRACT VALUE 6.5% OF TOTAL INFRASTRUCTURE DEVELOPMENT COSTS AND 2.5% OF PROJECT SALESSUMOU REAL ESTATE - WILL MANAGE INFRASTRUCTURE DEVELOPMENT, MARKETING AND SALES FOR RESIDENTIAL AND COMMERCIAL LANDSUMOU REAL ESTATE - SHALL RECEIVE MARKETING AND SALES MANAGEMENT FEES AMOUNTING TO 2.5% OF PROJECT SALES

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