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Infath of Saudi Arabia logs $159.9m sales in October

File picture.
By TRENDS Desk
November 5, 2021 11:36 pm
  • The organization has now raised more than $533 million since it started operations in September 2020
  • Infath is planning to supervise 3 additional auctions during the first half of November 2021

Entrustment and Liquidation Center (Infath) of Saudi Arabia has raked in its highest ever sales in October thanks to the sales of more than $159.9 million.

The organization has now raised more than $533 million since it started operations in September 2020.

Infath is planning to supervise 3 additional auctions during the first half of November 2021, namely the Real Estate Opportunities Auction, to sell commercial and residential properties in Riyadh, Makkah and Dawadmi Province.

Infath had attracted more than 1,400 commercial establishments in projects related to the evaluation, preparation and the sale of real estate and movable assets.

 

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