Safqah Capital Signs Financing Agreement With Grove to Develop 150 Diverse Housing Units

During the Cityscape Global 2024 event, Safqah Capital announced the signing of a financing agreement with Grove Real Estate Development to develop 150 diverse housing units, including apartments and townhouses. This project reflects Safqah Capital’s commitment to offering a variety of housing solutions that meet the needs of individuals and families, contributing to improved quality of life.

Grove Real Estate Development expressed pride in its partnership with Safqah Capital, emphasizing that this collaboration will enable the delivery of a residential project that elevates housing standards in the Kingdom by offering modern options that cater to the growing real estate market.

This agreement is part of Safqah Capital’s dedication to supporting Vision 2030 by enhancing the housing sector and providing high-value investment opportunities.