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FINANCIAL NEWS
Cayan Group aims SR1.2bn project at Obhur waterfront
16 Mar 2017
(MENAFN) Cayan Group, a pioneering Saudi property developer in the Mideast proclaimed plans for a new mega project at the Obhur waterfront in Jeddah.
Meanwhile, the group emphasized some details of the planned project and inked the architectural deal with Nikken Sekkei, which presents Cayan’s Cantara project in Dubai, UAE.
The new project will spread across a built-up area of 140.000 square meters at a cost of SR1.2bn and will contain of two towers.
In addition, Saudi Arabia is Cayan Group’s home ground, while it wanted to expand its brand in the market and to extend its support and fulfill its commitment towards the local economy.
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MENAFN1603201700450000ID1095317819
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