Ajdan Real Estate Development has announced a partnership with Ratal to launch their first joint residential project, Regan Hills, in the Khuzam district of Riyadh. The announcement was made at the Cityscape Global exhibition, where the two companies presented a series of urban development projects aimed at achieving sustainable growth and creating a prosperous future for urban planning.

Mr. Abdullah bin Abdul Latif Al-Fozan, Chairman of Ajdan, and the co-chairman of Ratal visited their booths at the exhibition and reviewed the development projects on display. Ajdan also offered a special promotion to exhibition visitors, providing the opportunity to purchase residential units with minimal financing margins for both supported and non-supported buyers, in partnership with Al Rajhi Bank and Alinma Bank.

In addition to the agreement with Ratal, Ajdan signed several other key agreements at the exhibition. These include a partnership with Dash Sez to manage the Bayfront Project Island, and another agreement with MGS Holding to enhance luxury living with a range of international cafes and restaurants. In a further move to strengthen its presence in the sector, Ajdan signed an agreement with Sedco Capital to establish a real estate fund aimed at developing the Lakes Project in Khobar. Additionally, Ajdan signed an agreement with Al Khuzama Investment.

Throughout the exhibition, Ajdan continued to showcase future real estate and investment opportunities, as well as discuss innovative solutions in the sector. The Ajdan booth attracted a number of distinguished visitors, including His Excellency Mr. Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing, Eng. Omar Al-Abdul Latif, CEO of the Eastern Province Development Authority, along with several investors and real estate sector stakeholders from across the Kingdom.