Dividend Gate Capital W.L.L and its partners have announced their expansion in the real estate sector in the Kingdom of Saudi Arabia, through the acquisition of a commercial property known as “Boulevard Jazan” which consists of six commercial buildings, including an administrative building, retail shops building, hypermarket building, exhibition and office building, hotel building, and workers’ accommodation building. It includes a total of 136 units available for leasing.
This new property presents a unique and promising investment opportunity in the commercial real estate sector, attracting the attention of retail traders and brands from across the kingdom to expand their operations in Jazan. It is noteworthy to mention that Jazan Economic City is considered one of the promising cities in Saudi Arabia, aiming to become the third-largest economic city in the kingdom, with a focus on energy and manufacturing industries.
This expansion move by Dividend Gate Capital is part of its long-term plan to broaden its real estate investment portfolio in the Gulf region, solidifying its position as a key player in this vital sector.