financing agreement to develop 120 premium housing units
Nov 11, 2024
Safqah Capital Signs Financing Agreement With Jusoor Real Estate to Develop 120 Housing Units in Jeddah
During Cityscape Global 2024, Safqah Capital announced the signing of a financing agreement with Jusoor Real Estate to develop 120 premium housing units in Jeddah. This project aims to meet the rising demand for housing in Jeddah, offering contemporary designs and integrated services that provide a comfortable living experience.
This agreement represents a strategic step in Safqah Capital’s commitment to supporting distinguished real estate projects that drive growth in the Kingdom’s real estate sector. It also highlights the importance of collaboration between real estate developers and innovative financing platforms to deliver housing projects that meet the highest standards.
Jusoor Real Estate expressed pride in the partnership, affirming that collaborating with Safqah Capital will enhance its ability to deliver a distinguished real estate project that meets market expectations in Jeddah.
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