
Real estate and contracting sector .. Tangible achievements and a promising future
The contracting, investment and real estate development sector at Salem Balhamer Holding Group strengthens its leadership with tangible successes in various business areas and its commitment to applying the highest standards of service quality. In terms of real estate development services, “Riyadah al Bunyan” company has completed the development of the Ventura Bahrain Tower, reaching an occupancy rate of about 65%. In addition to starting the finishing works for the “biotat rise” tower in Khobar. And work on the development of the project “The Ark”, which is one of the most important commercial, administrative and residential projects in the Beach neighborhood of Dammam. In the field of real estate marketing and property management, “Riyada” company manages quality residential and commercial projects at the level of the kingdom, including those intended for rental and others intended for sale، “Riyada” has also succeeded in obtaining all the necessary licenses to carry out all real estate services, which enhances its ability to meet the needs of the market and enhance its competitiveness. As for contracting services, Salem Balhamer general contracting company has recently succeeded in completing a number of outstanding projects, including the implementation and delivery of a number of fuel stations to a number of major companies, in addition to the completion of the National Bank project in Jeddah and Riyadh branches. And the start of the implementation of 3 schools for the benefit of” building development ” to be established within the early childhood initiative in the eastern region, which embodies the company’s commitment to developing infrastructure to serve the community.
The success of Salem Balhamer General Contracting Company and the integration of its business with Riyada company contributed to the latter obtaining a “worthy” certificate from the General Authority for small and medium enterprises “manshaat”, and a “Val” license from the General Authority of real estate to practice brokerage and real estate marketing activities، Salem Balhamer company for adaptation and maintenance has witnessed a qualitative development in increasing its projects and obtaining many accreditations from several parties in addition to forming strategic partnerships with manufacturers and distributors of various air conditioning systems, which enhances its position and competitiveness. With the integration and expansion of various services in the contracting, investment and real estate development sector with achievement after achievement, which confirms and enhances the sector’s ability to win challenges and move forward in achieving the goals and aspirations of the group.