Banan Real Estate Company
TTADAWUL:43242.73
SAR
-0.15
(-5.21%)
ISIN
SA3660423I15
Return %
Stock
S&P 500
1Y
-39.60
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
SAR
•
in mil. unless spec.Working Capital
SAR
•
in mil. unless spec.Growth Rates
SAR
•
in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
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in mil. unless spec.Quarterly Dividends Per Share
SAR
•
in mil. unless spec.Company Description
- CEO
- Majed bin Abdullah Mohamed Al-Nasser
- Full Time Employees
- 2,238
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Building No. 2195, Block 14 Riyadh RY Saudi Arabia 12314
- IPO Date
- Aug 11, 2021
- Website
- bananrealestate.com
- Similar Companies
- Business
- Banan Real Estate Company SJSC operates primarily in the investment and development of income-generating real estate throughout Saudi Arabia. The company specializes in managing and leasing a diverse portfolio of residential and commercial properties, including office buildings, retail spaces, and hotels. Additionally, Banan manages and operates hotel apartments, provides real estate management services on a commission basis, and offers real estate registration services. Founded in 2005 and headquartered in Riyadh, Saudi Arabia, Banan Real Estate serves a broad range of domestic clients in the real estate and hospitality sectors. In the past two years, Banan Real Estate has expanded through strategic acquisitions and partnerships. Notably, in early 2025, the company acquired a 45% stake in Qimam Noshoz Real Estate Development Co., enhancing its development capabilities and portfolio diversification. Furthermore, its subsidiary Al-Aziza Real Estate Development and Investment Co. has been active in acquiring additional stakes to consolidate market presence. Banan has also entered into a significant SAR 224 million contract with Armah Sports Company through Qimam Noshoz, evidencing its expansion into strategic project development. The company has maintained a strategic focus on growth through real estate acquisitions and development projects backed by banking facilities aimed at liquidity and expansion. Recent financial results show stable earnings driven by increased rental revenues and property management services. Banan Real Estate's core business segments include property leasing, real estate development, hotel apartment operations, and real estate registration, supported by a robust investment portfolio valued at over SAR 314 million. The company is publicly listed under the ticker 4324.SR on the Tadawul exchange and continues to leverage partnerships, acquisitions, and project development contracts to strengthen its market position in Saudi Arabia. Its operations primarily focus on the domestic Saudi market, with portfolio management spanning various real estate categories to deliver income-generating assets and services. This comprehensive business model, combined with strategic acquisitions and contractual partnerships, reflects Banan Real Estate Company’s sustained commitment to expanding its footprint in Saudi Arabia’s real estate market and enhancing shareholder value through diversified property and development initiatives.