The following presents a 50k sqm land area concept investment opportunity in the Boulevard City area of Riyadh, which is recommended to be developed into a promising mixed-use development of upper-upscale serviced apartments and retail boulevard that boasts impressive potential returns and can serve as an anchor opportunity.
Sector
Real Estate
Download Opportunity
Investment Highlights
- Net Revenue (SAR): 2,373 Mn
- Total Costs (SAR): (915) Mn
- Developer's Profit (SAR): 1,459 Mn
- Project (IRR): 10%
- Equity (IRR): 10.5%
- Project Payback Period: 13 Years