The following presents a 15k sqm land area concept investment opportunity along the northern corniche area of Jeddah, which is recommended to be developed into a promising mixed-use development of high-end apartments and a differentiated retail and F&B boulevard that boasts impressive potential returns and can serve as an anchor opportunity.
Sector
Real Estate
Download Opportunity
Investment Highlights
- Net Revenue (SAR): 907 Mn
- Total Costs (SAR): (634) Mn
- Developer's Profit (SAR): 273 Mn
- Project (IRR): 10.8%
- Equity (IRR): 12%
- Project Payback Period: 8.1 Years