• Retal operates in the region’s largest economy, capitalizing on young, growing population and extensive government initiatives. 2030 vison programs and initiatives have significantly played a role in the evolution of the real estate market in the Kingdom, as boosting KSA’s population and employment, leads to a higher percentage of homeownership resulting in a growing mortgage market which is a keystone of the vision.
  
  
• Access to home financing is improving with over 25% increase in the 12 months in H1 2021. Financial institutions lent SAR 79 billion, up from SAR 62.1 billion in H1 2020, with the number of transactions up 14% to 153,054.
  
  
• There is a huge demand/supply gap offering Retal with an opportunity to exploit and grow further. Demand for housing is due to reach 4 million units by 2030 with a demand gap of 2 million units. Overall, real estate is a massive market with significant potential for Retal to become a key player for many years to come.

• Retal has 4 business units that enable it to ensure quality control across the full supply chain, from concept development, design, and construction to sales.
  
  
• This integration allows Retal to have full control over quality while minimising operational cost.
  
  
• Nesaj provides high end services and engineering solutions through project management, in terms of design managements, site supervision and construction management for all type of projects.
  
  
• Building Construction Company (BCC) engages in general contracting such as building repairs, demolitions, and renovations.
  
  
• Tadbeir engages in general cleaning, maintenance and operating buildings, gardens, parks, and sports facilities.
  
  
• TRS engages in the sale of fixed and movable assets, purchase and sale of land, management, and rental of owned or leased, real estate management activities for commission, activities of brokers agents, money management and preservation of the property.

• Retal has over 7,000+ units developed and under execution since its inception in 2012.
  
  
• The Company has built iconic master planned communities such as Nesaj Town Riyadh, Marasi Al Khobar and Retal Square. It predominantly focuses on highly integrated residential communities with innovative designs, premium quality and full access to amenities.
  
  
• Retal has been recognised by the Ministry of Municipal, Rural Affairs and Housing (MOMRAH) as the best developer in Saudi in 2019 and 2020. 

• Built on a solid operating platform, Retal’s business model is scalable and utilises off-plan sales.
• The Company offers a portfolio mix of residential, commercial, and recreational amenities capturing a wide audience across the affordable, mid-market, and high-end of the market segment. 
  
  
• Off-plan sales model ensures that Retal is responding to market demand with low capital requirements, creating resilient capacity to paying dividends.
  
  
• In 2020, Retal sold 2,010 units, of which 65% was sold off-plan. As of the nine-month period 2021, off-plan sales make up 91% of revenues.

• Retal has demonstrated consistent revenue growth, high net profit margins and solid cash flow generation. For the FY 2020 vs FY 2019:
  
  

Retal has assembled one of the best technical, operational, and financial oriented teams in the KSA real estate market. It has also implemented a robust governance framework based on CMA’s Corporate Governance Regulations. You can read the management’s biographies and details on corporate governance in the Prospectus.