Mohammad Al Habib Real Estate Co. has announced the Panorama Mall project in Riyadh at the intersection of Al Takhasosi Road with Prince Muhammad bin Abdulaziz Street (Tahlia), on an area of 1.3 million square meters, at a cost of 200 million riyals. The company was able to employ this vital place, which is one of the most prominent strategic locations in the city of Riyadh, both recreational and commercial, and established this center on it, to be an entertainment haven and a commercial site. Its services are not limited to the residents of the region only, but include all residents of the city of Riyadh, in addition to visitors coming from other regions, due to the distinctive features of that region. The company, through proactive studies, was able to add unique elements to this distinguished place, from planning, implementation, and construction, to making it an architectural masterpiece, consistent with the commercial and entertainment services it provides.
It is noteworthy that Mohammed Al Habib Real Estate Co. is a 100% Saudi company that contributes to the development of the real estate market. Since its inception in 1972, it has taken upon itself the adoption and development of major projects through specialized studies that include all parties to the real estate process. Over the course of 33 years, the company has become a pioneering edifice in its field of work, and its investments have been characterized by stability and consistency due to its balanced policy, and the depth of its strategic outlook that is based on studying reality, leading to anticipating the future real estate market conditions, which provided it with a remarkable balance away from the vibrations and turmoil experienced by some companies and other sectors.
Furthermore, Al Habib has built more than 2.5 million square meters and developed its work on about 50 million square meters of land, and its staff includes more than 50 engineers. It has adopted the method of scientific research and specialized studies in its various works. It also implements its projects according to American specifications and standards that are updated periodically, through a number of international consultants and experts.
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