Adeer Real Estate lists on Nomu, the Saudi parallel market
Adeer Real Estate has listed its shares on Nomu, the parallel market, a strategic step that reflects the company's financial strength and the market's confidence in its business model.
Muteb Hamed Al-Qahtani, Chief Executive Officer and Managing Director of Adeer Real Estate, said:
"The listing of Adeer Real Estate on the parallel market (Nomu) is an important strategic milestone in our path toward expansion and a stronger presence in the real estate sector. We provide specialized property marketing services that support urban development and keep pace with the expectations of the market and of investors alike."
He added: "At Adeer Real Estate we believe in our role in supporting the national economy, and we are glad to contribute to the targets of Saudi Vision 2030, which set out a clear road map toward economic diversification and greater efficiency across vital sectors, foremost among them real estate."
Al-Qahtani affirmed the company's commitment to applying the highest standards of governance and transparency, and to strengthening shareholder confidence through a sustainable business model built on innovation and institutional excellence.
He concluded: "We extend our sincere thanks to the Capital Market Authority and the Saudi Exchange for their continued support throughout the stages of the offering, and we value the role of the Real Estate General Authority in developing the regulatory environment for the sector and enhancing its appeal. We are grateful to all our partners and for the confidence of investors, and we thank in particular our team, who were an integral part of this achievement."
