12 auctions for the sale of 105 properties in Saudi Arabia this week

12 auctions for the sale of 105 properties in Saudi Arabia this week
Auctions in Saudi Arabia

The Attribution and Liquidation Center "Infath" in the Kingdom of Saudi Arabia announced the holding of 12 public auctions between 13 and 16 March 2023.

105 various properties

It varies between physical and electronic auctions for the sale and liquidation of 105 various properties, including residential, commercial, agricultural and industrial, located in 8 different regions in the Kingdom.

The center stated that the auctions will start with 34 real estate properties in the Riyadh region in the auctions of Riyadh Landmarks, East Najd, and the electronic promoter of Najd.

There are also 9 properties in Makkah Al-Mukarramah in the online Al-Shams online auction, the Al-Badr online auction, and the online Al-Taif Hills auction.

There are also 16 properties in the Madinah region in the E-Development Horizons auction and the second Riyadh Al-Madinah auction.

There are 8 properties in the Asir and Jazan regions in the Pearl of the South electronic auction, and 4 properties in the Qassim region in the second Jewel of Qassim electronic auction.

There are also 14 properties in the Eastern Region in the Naseem Al-Sharqiya electronic auction

  Finally, 20 properties in the city of Hail in the urban investment interface auction.

Infath is an independent government center and one of the initiatives of the National Transformation Program within the Kingdom's Vision 2030.

  Liquidation and sale activities

Infath works to assign liquidation and sale activities to technically competent private sector facilities.

He supervises the liquidation of assets from real estate, movables, or legacies assigned to him by the judicial authorities, the private sector, and individuals, in a way that contributes to speeding up the fulfillment of rights and achieving the satisfaction of the beneficiaries.