SAL Saudi Logistics Services Co. announced on October 7, 2025, the completion of a final sub usufruct agreement with Sela Company to lease 1,574,182 square meters of land in Falcon City, north of Riyadh. The agreement, which represents an increase of 12,217 square meters from the preliminary agreement announced on March 18, 2025, maintains the original 30-year lease term (extendable by 15 years) with a 3-year grace period. The deal includes a one-time fee of SAR 25 million, an annual lease rate of SAR 16 per square meter with 1.5% annual escalation, and community service fees. The total investment for the logistics zone is estimated at approximately SAR 4.2 billion, supporting SAL's strategy to diversify income sources.

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