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As per the deal, Vivienda has acquired 29,000 sq m plot of land from KAEC for the construction of its integrated tourism complex within the prime development centrally situated on the Saudi Arabian coast of the Red Sea
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Saudi hospitality brand Vivienda has signed a landmark agreement with King Abdullah Economic City (KAEC) to develop a major tourism complex on a 29,000 sq m area featuring a mix of 60-key boutique hotel, 20 luxury villas and 24 serviced apartments.