Overview

Opportunity for investors to develop midscale serviced apartments in Jeddah.

• Expected Investment size of USD 29.9 Mn (Development cost)
• Investment model options: leasing, shared revenue model or shared revenue model + fixed amount
• Location: Jeddah city
• Estimated Project IRR (25-year lease term): 5.81%
• Estimated Project IRR (50-year lease term): 8.02%