Kingdom Centre (Trade Centre Company Ltd)
KHC investments begin: 1998
Based: Riyadh, Saudi Arabia
Awards & Medals
2003 - Honor Award, International Council of Shopping Centers, 27th Annual International Design and Development Awards.
2002 – Winner of the Emporis Skyscraper Award
Kingdom Holding Company has a substantial investment in Trade Centre Company Ltd, sole owner of Kingdom Centre, a major mixed-use development in Riyadh.
The development is anchored by an iconic 99-story skyscraper and includes the Al Mamlaka shopping mall and the Four Seasons Riyadh. KHC headquarters are also located in Kingdom Centre.
KHC holds a substantial interest in Trade Centre Company Ltd. (Kingdom Centre) which signed a Sharia-compliant refinancing deal with Samba Financial Group for expansion and financing purposes. The refinancing of Kingdom Centre is part of KHC’s objective to continue monetizing and extracting value out of the Company’s local investment portfolio.
Kingdom Centre was completed in 2002.
Occupying 94,230 square meters, Kingdom Centre comprises the Al Mamlaka Tower, one of the most recognizable landmarks on the Riyadh skyline; the three-level Al Mamlaka shopping mall, apartment units, and the 197-bedroom, 53-suite Four Seasons Riyadh hotel.
The Al Mamlaka shopping mall contains 161 retail units targeted at younger and more affluent shoppers, the mall features many international luxury brands and anchor tenants Debenhams and Saks Fifth Avenue. The third floor of the mall is for women only.