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Saudi center to auction industrial properties in Riyadh

The properties will be auctioned in Riyadh.
By TRENDS Desk
July 25, 2022 3:54 pm
  • The auctions offer 14 industrial real estate assets in eastern Riyadh, with large total areas estimated at more than 80,000 square meters.
  • The real estate consists of three industrial lands in Al-Sulay district licensed to establish industrial workshops, and 11 lands licensed to establish warehouses.

Saudi Arabia’s  Center for Attribution and Liquidation “Infath” will auction quality real estate in Riyadh on  August 1, a media report said.

The auctions offer 14 industrial real estate assets in eastern Riyadh, with large total areas estimated at more than 80,000 square meters. The real estate consists of three industrial lands in Al-Sulay district licensed to establish industrial workshops, and 11 lands licensed to establish warehouses.

Infath supervises the liquidation of assets from real estate and movables whose sale is entrusted to it from the judicial authorities, the private sector, private estates and individuals, through the appointment of experts and service providers from the technically competent authorities in evaluation, marketing, property management, guarding and inventorying.

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