Real estate development has always been a part of AMG’s activities since 1960. This led to the establishment of a focused business unit under AMG, Almutlaq Real Estate Investment Company (AREIC) as a standalone company and master developer in 2006, with the aim of enhancing the property development portfolio throughout Saudi Arabia. It is committed to long-term ownership and managing high-quality properties’ portfolios, aiming to be the pioneer real estate company in originating, developing, and managing unique destinations. AREIC’s projects varies from ‘build to suit’ to the premium Galleria Mall in Jubail offering a unique shopping and entertainment experience.
AMG has (apart from AREIC) during the last few years expanded the horizon to take on larger projects in collaborations with institutions like Aramco and SPARK.