SRECO
15.96 SAR
-1.12%
Today
-1.61%
1D
Market is closed
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Closed
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Tue
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Information
Name
Saudi Real Estate Leveraged
Currency
SAR
Standard Leverage
1X
Enhanced Leverage
2X
Overnight Fees Buy
-0.0167%
Overnight Fees Sell
-0.0167%
Market Cap
5.97B
Avg Daily Volume
1.30M
52 Week High
23.76 SAR
52 Week Low
12.3 SAR
Trading Hours
See hours
Overnight Fees Calculator
| Daily Overnight Fee % | Daily Overnight Fee $ | |
|---|---|---|
| BUYS | -0.01670% | $(0.167) |
| SELLS | -0.01670% | $(0.167) |
*Results displayed are estimates. Actual fees may differ from those shown as market conditions change.
Business Summary
Saudi Real Estate Company, together with its subsidiaries, operates as a real estate development company in Saudi Arabia. It operates through Rental sector, Property Sales Sector, Infrastructure Projects Sector, Construction Projects Sector, and Facility management sector segments. The company engages in the acquiring, developing, leasing, and selling of buildable land, constructing residential, and commercial buildings; purchasing, producing, selling, and leasing materials and equipment; and provision of project management and real estate brokerage services. It is also involved in the construction of roads, bridges, tunnels, and construction, extension, cleaning, maintenance, and operation of water, sewerage, and stormwater networks, drainage networks; as well as creation and extension of electric power distribution networks and gas networks and stations.In addition, it engages in the purchase, sale, and lease of land and real estate; development and real estate investment activities; and construction of residential and non-residential buildings, shopping centers, hospitals, entertainment venues, and commercial spaces. Saudi Real Estate Company was founded in 1976 and is headquartered in Riyadh, Saudi Arabia.
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Frequently Asked Questions
What is trading in real estate?
Trading in real estate means buying and selling properties, such as houses, commercial buildings, or land, often aiming to make a profit from price changes or improvements made to the property.
Is real estate trading profitable?
Yes, real estate trading can be profitable by buying properties at lower prices and selling them at a higher value, especially in growing markets or after renovations. However, profitability depends on market conditions, timing, and costs like taxes and maintenance.
Can you trade stock for real estate?
You cannot directly trade stocks for real estate in a simple swap, but you can sell stocks to raise cash and then use that money to buy real estate. Some investors also use real estate investment trusts (REITs), which are stocks that represent ownership in real estate portfolios.
What is property trading?
Property trading is the buying and selling of real estate such as land, houses, or commercial buildings usually with the goal of making a profit by selling at a higher price or after improving the property.
