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Alramz’s Makkah project draws SAR 670 mn in off-plan reservations from 51 countries on launch day
Plus: Sah rolls out its October round
Alramz sees strong institutional demand
Its institutional offering was 11,1x covered, drawing roughly SAR 10 bn in orders.
Alramz Real Estate sets IPO price range, could raise SAR 900 mn
Book-building for institutional investors runs until Thursday, 27 November
Alramz to take 30% stake to Tadawul
SNB Capital is quarterbacking the transaction