Membership Sports activities Firm brand
An organization introduced Sports activities golf equipment On the signing of a 21 -year rental lease contract, at a price of twenty-two.01 million riyals -is not inclusive of tax, to construct, function and handle two sports activities golf equipment (Physique GraspAndPhysique Moshens) In Riyadh.
The corporate stated in a press release in the present day on Tadawul, that the land is positioned in King Fahd Medical Metropolis, Al -Sulaymaniyah neighborhood in Riyadh, with a complete space of 3800 sq. meters, and the full building surfaces will attain 4750 sq. meters, anticipated to start out the optimistic monetary impression upon completion of the development of the 2 sports activities golf equipment within the second half 2026.
The corporate identified that after the signing of this contract, the full branches whose rental contracts are presently signed 14 branches, most of them within the building part or awaiting the licenses crucial to start out the development course of, along with quite a few different branches which can be being imposed on signing their contracts, and is predicted to open through the subsequent 16 months.
The corporate said that the signing of this contract comes inside the framework of growth plans to extend the variety of branches and improve attendance in varied areas of the Kingdom, stating that it will likely be introduced by any elementary developments associated to those initiatives on the time.
In line with knowledge numbersMembership shares for sport in the principle market on July 22, 2025 had been inserted and began at 7.5 riyals per share.
