Unit Price 7.95 SAR

Al Makan Mall Riyadh

  • Located in the Central Province, Riyadh is the capital and most populous city in Saudi Arabia
  • Current population is 6.4M and expected to grow at CAGR of 1.97 between 2017 and 2020
  • Riyadh railway project expected to be completed in 2018, which will facilitate mobility between the districts
  • Headquarters of major companies and banks are based in Riyadh, making it the Kingdom’s first destination for job seekers
  • The Mall is located in populated area in north of Riyadh close to the Kind Abdullah Financial District
  • The area is an upcoming district of Riyadh mainly comprising of residential villa communities and vacant lands.
  • Lack of globally recognized entertainment coupled with severe hot climate, indoor entertainment facilities have become a popular leisure destination.

CityRiyadh

Land StatusOwned

Construction endDecember 2016

Current occupancy rate93.14%

2018 Gross revenue (SARm)24.23

2018 Net revenue (SARm)19.92

No. of tenants63

Acquisition Price (SARm)232.56

Top brands owners by Value

The asset is occupied by local and international renowned companies that contribute to the total mall revenue as follow‭:‬

Top 10 brands by value