Page 60 - SGH PR REPORT - MARCH 2025
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4/9/25, 10:20 AM Saudi German Hospital rolls out $32.5mln sale deal
Saudi German Hospital, Jeddah. Image Courtesy: Saudi German Hospital
HEALTHCARE
Saudi German Hospital rolls out $32.5mln sale deal
Spanning 4,000 square metres, the asset book value of the land stood at SAR 7.99 million,
as per a bourse disclosure
Staff Writer, Mubasher
March 25, 2025
Middle East Healthcare Company (Saudi German Hospital) sold a plot of land in the Al-Sahafa district of
Riyadh, on 23 March 2025, for SAR 122 million.
Spanning 4,000 square metres, the asset book value of the land stood at SAR 7.99 million, as per a
bourse disclosure.
The transaction aligns with the company's efforts to anchor its financial position and improve cash flow.
https://www.zawya.com/en/business/healthcare/saudi-german-hospital-rolls-out-325mln-sale-deal-wbuf0eto 1/2
