Saudi oil giant Aramco is exploring a major real estate transaction that could raise at least $10 billion, according to a Bloomberg report citing people familiar with the matter.
The potential deal would reportedly involve a sale and leaseback arrangement tied to several of the company’s real estate assets, including the Dhahran Camp residential complex in Saudi Arabia’s Eastern Province. Under such a structure, Aramco could sell ownership of the properties to investors while continuing to use them through long-term lease agreements.
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#SaudiAramco #Aramco #SaudiArabia #OilIndustry #MiddleEast #BusinessNews #EnergyNews #OilAndGas #GlobalMarkets #Infrastructure #RealEstateDeal #InvestmentNews #EnergySector #Bloomberg #BlackRock #StraitOfHormuz #AminNasser #SaudiEconomy #WorldNews
The potential deal would reportedly involve a sale and leaseback arrangement tied to several of the company’s real estate assets, including the Dhahran Camp residential complex in Saudi Arabia’s Eastern Province. Under such a structure, Aramco could sell ownership of the properties to investors while continuing to use them through long-term lease agreements.
Full story in the comments section.
#SaudiAramco #Aramco #SaudiArabia #OilIndustry #MiddleEast #BusinessNews #EnergyNews #OilAndGas #GlobalMarkets #Infrastructure #RealEstateDeal #InvestmentNews #EnergySector #Bloomberg #BlackRock #StraitOfHormuz #AminNasser #SaudiEconomy #WorldNews
Saudi oil giant Aramco is exploring a major real estate transaction that could raise at least $10 billion, according to a Bloomberg report citing people familiar with the matter.
The potential deal would reportedly involve a sale and leaseback arrangement tied to several of the company’s real estate assets, including the Dhahran Camp residential complex in Saudi Arabia’s Eastern Province. Under such a structure, Aramco could sell ownership of the properties to investors while continuing to use them through long-term lease agreements.
Full story in the comments section.
#SaudiAramco #Aramco #SaudiArabia #OilIndustry #MiddleEast #BusinessNews #EnergyNews #OilAndGas #GlobalMarkets #Infrastructure #RealEstateDeal #InvestmentNews #EnergySector #Bloomberg #BlackRock #StraitOfHormuz #AminNasser #SaudiEconomy #WorldNews
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