FINANCIAL NEWS

Sandan, Strategic group to build student housing complex in Oman

25 Jan 2017

(MENAFN) Sandan Development and Strategic Housing Group have inked a deal to develop the first student housing complex in Oman.

Moreover, the complex will be located close to Sultan Qaboos University and other educational institutions, which will have a capacity of 2.600 residents.

In addition, the construction work for the project, which will have a capital spending of USD110mn, will start this year and the project will be ready by 2019.

Meanwhile, the complex will have a two-floor retail area that will serve both residents and other visitors, in addition to a supermarket and other retail stores.
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