Waad Real Estate
Waad Real Estate is a stand-alone business unit of Waad Holding and several family members Shareholders. The objective of Waad Rest is to be the real estate arm of the business that can be used to support the portfolio of the Group and provide security for future generations. Currently, Waad Rest equity consists of revenue generating properties in Taif valued at SR 18 million. The Company, managed by Dr Adel A Batterjee plan to expand its residential offering in Taif to increase its share of the increasing demand supported by military personnel working for the armed forces and the transformation of Taif to be a major summer retreat in Saudi Arabia.