Adeer inks deal with Baitek Real Estate to market Jeddah land project
In a statement to Tadawul, the company said that the contract is valid for 44 days starting from Aug. 18, 2025, and is valued at nearly 7% of the total revenues, in accordance with the company's latest approved financial statements.
This contract is expected to have a positive financial impact upon the sale and transfer of the land to the buyer and the collection of the company's fees, the statement added, indicating that no related parties are included in the deal.
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