Thakher Development Completes SAR 2B Landmark Handover to Danantara Indonesia in Makkah
8 Articles
8 Articles
Cumhuriyet
Karar GazetesiThakher Development, the main developer of Thakher Makkah, has completed the sale of the 1,461-room Novotel Thakher Makkah hotel and 14 development plots to the Indonesian Sovereign Wealth Fund for 2 billion SAR.
Thakher Development Completes SAR 2B Landmark Handover to Danantara Indonesia in Makkah
Marking a historic milestone for foreign property ownership in Makkah, Thakher Development completes the SAR 2 billion sale of the 1,461-room Novotel Thakher Makkah and 14 development plots to Indonesia's sovereign wealth fund.
Indonesia first foreign country to own property in Makkah
RIYADH: Indonesia has become the first foreign country to own property in Thakher Makkah, after the state’s wealth fund Danantara received ownership certificates for a SR2 billion ($531.4 million) acquisition. According to a press release, Thakher Development, the master developer of Thakher Makkah, handed over the paperwork, completing the purchase of the 1,461-room Novotel Thakher Makkah and 14 adjoining development plots. The sale follows the…
Danantara Invests SAR 6 Billion in Makkah Hotel and Land
The Islamic Information Danantara Invests SAR 6 Billion in Makkah Hotel and Land Indonesia's sovereign wealth fund Danantara has completed its purchase of Novotel Makkah Thakher and 14 land plots in Makkah, with over SAR 6 billion invested. Danantara Invests SAR 6 Billion in Makkah Hotel and Land Maisah.
REPUBLIKA.CO.ID, RIYADH — Indonesia became the first foreign country to own property in Thakher Makkah after Danantara, Indonesia's state wealth management agency, received a certificate of ownership for its acquisition worth 2 billion riyals...
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