On August 23, 2026, Sport Clubs Company announced the signing of a lease contract with The Endowment (Waqf) of Ahmed Hamdan Salim Al-Aradi Al-Balawi, executed on August 20, 2026, for an existing commercial building located on King Abdulaziz Road, King Salman District, Riyadh, covering a total area of approximately 5,200 square metres. The contract, valued at SAR 116,630,000 (exclusive of VAT), covers a 20-year lease term commencing June 1, 2027 and ending May 31, 2047, for the development, fit-out, and operation of an integrated men's sports centre under the "Body Masters – Premium" brand, alongside leasable commercial and office spaces. This contract is part of the Company's expansion strategy to increase its branch network across Saudi Arabia, bringing its total projects under development to 15, of which 9 are under construction and 6 are awaiting construction licences.

Original announcement:

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