Financing Agreement to Fund a Residential Project
Sep 5, 2024
Safqah Capital Signs Financing Agreement With Tarfah to Fund a Residential Project in Al-Quds District, Riyadh
During the 24 Fintech exhibition, Safqah Capital signed a financing agreement with Tarfah Real Estate Development (@Tarfah_SA24) to fund a new residential project in Al-Quds District, Riyadh. This agreement is part of Safqah's efforts to strengthen its role as a strategic partner for real estate developers and provide high-value investment opportunities.
The project aims to deliver premium residential units that address the growing market demand in Riyadh while maintaining high-quality standards and modern designs. This partnership reinforces Safqah's commitment to supporting ambitious real estate projects and contributing to sustainable development initiatives.
Tarfah Real Estate expressed its appreciation for the collaboration with Safqah, emphasizing that the innovative financing solutions offered by the platform have accelerated project implementation while maintaining a balance between returns and risk minimization.
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