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1. June 2022

Refad for investment and real estate development launches its first commercial project

Refad Real Estate Investment and Development Company announced the start of leasing in the Refad Square commercial complex located in Al-Rawda district in Dammam. The area of the complex is 11,400 square meters, and the rental area is 3,900 square meters.

The Refad Square project is considered a distinctive investment and commercial experience at competitive prices, and the complex consists of 28 trade fairs, a hypermarket with an area of 1342 m 2 and an independent restaurant with an area of 342 m 2 designed with a drive-through service. Residents of the area, as the neighborhood has a high population density and is in dire need for such projects.

The project includes various services, parking lots, and different rental spaces, which are competitive and ideal for renting the best names in the field of restaurants, cafes, retail stores and services, near civil society institutions, educational areas and hospitals.

It is noteworthy that the Refad Square project, whose construction was started at the beginning of the first quarter of 2019, is one of the projects of Refad for Investment and Real Estate Development, which is the real estate arm of the Abdul Hadi Al-Jadhai Al-Qahtani Sons Holding Group.

The Rafad Square Commercial Complex is one of the projects owned and developed by the Rafad Company. The company owns many existing projects, including the Rafad Residential Complex (Riyadh Complex) in Al Khobar, which is located on Prince Faisal bin Fahd Road, and existing projects in various regions of the Kingdom, in addition to investment plans. Huge contribution to the wheel of development within the vision of the Kingdom 2030.