Urbas to build luxury community in Al Fursan ...United Arab Emirates

Saudi Arabia’s National Housing Company (NHC) has awarded a contract worth US $266mn to Urbas Middle East Real Estate Company, a subsidiary of Spanish development group, Urbas. Work will focus on the construction of 589 residential units in the Al Fursan suburb in the northeast of Riyadh. A major global player with a presence in 20 countries, Urbas has a portfolio of more than 30,000 residential units, and brings a wealth of experience to this project. With the latest contract win, Urbas Middle East aims to further increase its operations in the Saudi Arabian market. The NHC announcement comes on the back of the successful sale of 1,300 residential units within Al Fursan in Q1. Equipped wit

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Urbas to build luxury community in Al Fursan ...United Arab Emirates

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