Assima project

Assima project

During the year, the company encountered a difficult challenge, a fire occurred on the site of the Assima project on Friday 30th June 2017. The construction of the project had to stop temporarily. The company’s management coordinated with its consultants to assess the effects of the accident.Thankfully, the fire did not have any impact on the financial position of the company.

Project Rental works

Salhia was successful in completing several lettings of commercial space with both local & international companies & institutions famous and well-known internationally and locally. They include the following (Galeries Lafayette) ، (Monoprix) ، (Cinescape) ، (UFC GYM) ، (National Geographic Ultimate Explorer)

The area leased in the commercial complex is approximately 31,000 m2 representing 43% of the total lettable area.

Sahab Tower

In 2017, Salhia Real Estate Company celebrated the 20th anniversary of the Sahab Tower with 100% occupancy rate since its establishment in 1997 with its excellent services provided by Salhia Real Estate Company.