View United Real Estate Development Co. announced on May 11, 2026 the purchase of residential and commercial land in Al-Quds neighborhood, east of Riyadh, for SAR 15,000,000 excluding real estate disposition tax. The transaction involves acquiring 1,963 square meters of land from Al Shams Holding Company, with financing structured as 80% through a Shariah-compliant facility agreement with Bank Albilad and 20% from the company's own sources. The land acquisition aims to support the company's strategic plan to expand real estate development projects and establish a residential real estate project for development and sale.

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