Mayaasim completes negotiations of JV between Majid Al-Futtaim Properties and ATAD.
April 14, 2014
Majed Al-Futtaim Properties completes the purchase of 866,000 square meters in Al-Narjis Hills and starts working on a SAR 10.5 billion master plan that includes the largest super-regional mall and private mixed use community in Riyadh.
Mayaasim completes the master plan design for Al-Narjis Hills Development with Albert Speer & Partners and commences the re-zoning exercise with the Riyadh Municipality for the entire 3.5 million square meters Narjis Hills neighborhood.
Mayaasim Completes preliminary re-zoning with the Riyadh Municipality for Block 33, a 686,000 square meters’ land deed east of Abi Baker road and north of Anas Bin Malek.
Mayaasim completes full feasibility and business plan for Al-Narjis Medical Park with Houston Methodist.