macro

Deera Investment starts procedures to sell land plots in South Amman

Deera Investment and Real Estate Development has started procedures to sell land plots in the South Amman area for a total of JOD 6 million, Reuters reports.

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what happened

Jordanian company Deera Investment and Real Estate Development (DERA.AM) said it has begun procedures to sell land plots in the South Amman area. The total value of the sale will be JOD 6 million.

The information was reported by Reuters, citing the company's own announcement.

why it matters

The deal is small in scale and mainly concerns the company's shareholders and the local real estate segment, so it is unlikely to move broader markets.

instruments

DERA.AM

sources

  1. Deera Investment And Real Estate Development Commences Procedures For Sale Of Land Plots — Reuters, 18 October 2026 at 10:52 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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