Accommodation

Construction & Real Estate

Saudi PIF unit to build 4,000-bed staff accommodation in Riyadh

Tue, 17 Feb 2026

Smart Accommodation for Residential Complexes Company (sarcc), a unit of Saudi sovereign wealth fund PIF, has signed a Heads of Terms (HoT) agreement with Tamimi Global for the development of a 4,000-bed staff accommodation project in northern Riyadh.