Press Release: Kingdom Holding announces sale of 1m sqm of land east of Riyadh to Real Estate Investment Company to develop 2nd 'Kingdom City'
Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud announced that it had sold 1M sqm of land west of "Kingdom Riyadh land" for SR250 per sqm to the Real Estate Investment Company Ltd. (one of its subsidiaries, 38.89% owned by KHC) for the development of the second "Kingdom City" as the first "Kingdom City" was opened in 1999 and has 100% occupancy.
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