Who to call at Makkah Construction and Development Company, and when
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Contract Type
agreement
Description
Makkah Construction and Development Co. has signed a 25-year lease agreement with Al Balad Al Ameen for Development and Urban Regeneration Co. for the land of Al Misfalah Park. The annual rent will be approximately SAR 25.8 million, with an increase of 10% every five years, aiming to transform the park into an integrated destination.
Quick answer
Makkah Construction signs 25-year lease agreement for development of Al Misfalah Park. (November 11, 2026).
- What agreement did Makkah Construction and Development Company announce on November 11, 2026?
- Makkah Construction and Development Co. has signed a 25-year lease agreement with Al Balad Al Ameen for Development and Urban Regeneration Co. for the land of Al Misfalah Park. The annual rent will be approximately SAR 25.8 million, with an increase of 10% every five years, aiming to transform the park into an integrated destination.
- What does Makkah Construction and Development Company do?
- Makkah Construction and Development Company is a prominent player in the construction sector in Saudi Arabia.
- Which similar companies announced agreements around the same time?
- American Campus Communities (November 9, 2026) and Cherokee Nation Businesses (October 21, 2026) also announced agreements within 45 days of Makkah Construction and Development Company.
Source: Fundz verified event record.
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