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First Avenue for Real Estate Development Company SJSC 9610.SR · SAR

Real Estate · Tadawul · 🇸🇦 Saudi Arabia

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1.76

-2.22%

Close of 9 Nov 2026, in SAR

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About First Avenue for Real Estate Development Company SJSC

Its shares trade on Tadawul under the ticker 9610.SR. It has been listed since 16 October 2024. In the fiscal year to 31 December 2025, it reported revenue of SAR 326.6m and net income of SAR 110.9m. At that date it held total assets of SAR 960.1m and shareholders' equity of SAR 529.8m.

First Avenue Real Estate Development Co engages in owning and operating real estate development projects. The company is headquartered in Medina, Al Madinah. The company went IPO on 2024-10-16. The firm engaged in the general construction of non-residential buildings, including schools, hospitals, and hotels. Additionally, it undertakes public construction projects for residential buildings and offers restoration services for both residential and non-residential properties. The firm manages and rents both owned and leased residential and non-residential real estate.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Real Estate
Industry
Real Estate Management & Development
Listed since
16 Oct 2024

Leadership

Pay as last reported

  • Mr. Hassan bin Attallah AlamriNon-Executive Chairman of the Board
  • Mr. Nader bin Hassan AlamriExecutive Vice Chairman of the Board, Chief Executive Officer, since 2020
  • Ms. Asrar bint Atiyan AljahdalSecretary of Board of Directors
  • Mr. Abdulsalam bin Abdulrahman AlmaNon-Executive Director
  • Mr. Tarek bin Fawaz Al AjlaniNon-Executive Director
  • Mr. Faisal bin Talal BouzoNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Medina, Al Madinah
  • Engages in owning and operating real estate development projects
  • Offers restoration services for residential and non-residential properties

Weaknesses

  • No specific weaknesses mentioned in the provided information
  • No details on financial performance or market position
  • No information on competitive advantages

Opportunities

  • IPO on 2024-10-16 provides potential for capital raising
  • Engagement in public construction projects for residential buildings
  • Management and rental of both owned and leased properties

Threats

  • No specific threats mentioned in the provided information
  • No details on market competition or regulatory challenges
  • No information on economic or industry risks

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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