Riyadh Clubs Company signs a contract to lease a commercial building for 116.6 million Riyals
Riyadh Clubs Company announced on Sunday the signing of a lease agreement for an existing commercial building in the city of Riyadh. This step comes as part of the company's plans to expand and develop its facilities to better serve its customers in the capital.
The total value of the contract is 116.6 million Saudi Riyals. Through this investment, the company aims to equip and develop the building into an integrated center, where work will be done to improve the interior design and provide all necessary equipment to align with the company's standards.
This project is part of the company's strategy to strengthen its presence in the commercial and sports sector within the Kingdom. It is expected that this new building will contribute to providing diverse and distinguished services, thereby enhancing the company's position in the local market.
Saudi companies in the sports and entertainment sector continue to expand their investments in line with the Kingdom's Vision 2030, which aims to develop infrastructure and improve the quality of life. Work on equipping the building is expected to begin in the coming period according to the specified timeline.