Nakheel to advise major Saudi property developer on new schemes
The Dubai-based developer Nakheel has signed an agreement with one of Saudi Arabia’s biggest quoted property developers, Saudi Real Estate, to advise it on projects in the kingdom. The agreement, which will run initially for one year, involves Nakheel providing technical support and advice to Saudi Real Estate, also known as Al Akaria, on matters such as master planning, urban design, construction management and leasing.