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On the sidelines of the Education Investment Saudi Conference, held in Riyadh between December 3 – 4, and in alignment with Saudi Vision 2030’s goals of fostering economic and social development, Unified Real Estate Development, leading real estate developer in the Kingdom, signed a Memorandum of Understanding (MoU) with SEDCO Capital, a leading global Shariah-compliant and ESG-led asset management and investment advisory firm. The MoU aims to establish a private real estate development fund with a target size of SAR 1 billion to develop suitable educational facilities. According to a joint statement by the two companies, the Fund aims to develop strategically located educational facilities across Riyadh, the Eastern Province, and Jeddah, as these regions and cities are experiencing increasing demand for educational infrastructure driven by a high population of citizens and residents. This fund is part of a shared effort to enhance educational infrastructure in Saudi Arabia while offering diversified investment opportunities within the education sector. During a presentation at the conference, HRH Prince Bandar bin Khalid Al Saud, President and CEO of Unified Real Estate Development, stated, “This partnership is a step forward in delivering innovative real estate solutions that support vital sectors like education. By meeting community needs, we contribute to the Saudi Arabia’s long-term goals for sustainable development under Vision 2030.” Acting CEO of SEDCO Capital, Mr. Abdulwahhab Abed, added, “This collaboration will open new horizons for developing the infrastructure of the education sector, which is of vital importance and receives significant attention from our wise leadership. Through such partnerships, SEDCO Capital demonstrates its steadfast commitment to creating unique investment opportunities in key, high-demand areas. This fund is expected to mark a turning point in educational real estate projects, delivering sustainable positive impacts by developing high-quality educational facilities that contribute to shaping future generations.” The fund will prioritize meeting the growing needs of the education sector by developing integrated facilities that provide an advanced learning environment aligned with global standards. Additionally, it will offer exceptional investment opportunities for investors seeking sustainable, long-term returns.
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We are pleased to announce the completion of construction work and the opening of Project 1364. Located in Riyadh, Diplomatic Quarter. Project 1364, an innovative lifestyle and entertainment center featuring a wide range of luxury restaurants and cafes will be opening very soon…!!
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The Esplanade in Finishing Phase

Construction and finishing works are rapidly approaching completion in The Esplanade project – an innovative Lifestyle & Entertainment Concept on Price Turki Al Awwal Rd, Riyadh. VOX Cinema and Yalla Bowling are already open to the public and a wide range of luxury restaurants & cafes are finalizing fitout and will be opening very soon…!!
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Unified Announces a New Project!!

Unified Real Estate Development Company, the Kingdom’s largest and fastest-growing shopping center developer, has announced “The Bellevue”, a major new landmark Lifestyle Project with a prime location on the Eastern Ring Road, The Bellevue has an outstanding primary catchment area including many hotels, major corporate HQ’s, convention centers, etc. in addition to a core of affluent residential areas all within 5 minutes driving time. On opening, The Bellevue will be Riyadh’s largest outdoor shopping center project, providing 100,000 m2 of prestigious retail space within the city’s booming northern corridor.
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Civil Defense Office Handover/Inauguration Ceremony

As part of our developmental scope in the construction of our latest Lifestyle Property “1364” at the Diplomatic Quarter, Unified Real Estate Development company has designed and built a replacement of the 30 year old civil defense office that was previously sited where the new shopping center is to be built. After only six months of construction, our innovative design is now being adopted as a model for future civil defense buildings across the kingdom.
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