Published On: September 2nd, 2024Categories: Trade Ideas
In this investment case, we focus our attention on Dar Al Arkan Real Estate Development Company (Darala), a property development company headquartered in Riyadh, Saudi Arabia. We like Darala’s exposure to the positive long-term fundamentals of the Saudi Arabia’s real estate market, the high value of the company’s land bank, its solid liquidity position, and its conservative financial policies. We consider the risk-reward offered by Darala’s bonds as attractive.
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