Hoffmann Green concludes an agreement with Shurfah Holding prior to the signature of a licensing contract in Saudi Arabia
21 June 2023
Hoffmann Green announced at the Franco-Saudi Investment Forum that it has signed an agreement with Shurfah Holding outlining the broad principles of an exclusive licensing agreement to build four Hoffmann units in Saudi Arabia. Shurfah Holding is a conglomerate with a wide range of investments in real estate, industry, financial services, fintech and food and beverage. Shurfah is an extension of the Royal Family’s historic heritage in real estate development since 1944, whose real estate holdings have exceeded 13,800,000 homes and over 6 billion riyals in investments.