A closed-ended private real estate investment fund that complies with Shariah standards and controls and was established in accordance with the provisions of the Investment Funds Regulations issued by the Capital Market Authority in the Kingdom.
The primary objective of the fund is to grow capital over the medium and long term by investing in multiple development projects across various real estate sectors. This will be achieved by acquiring properties for construction development in different real estate sectors within the Kingdom of Saudi Arabia. The properties will then be leased, operated, and sold to third parties, and the fund will be terminated in a manner that serves the best interests of the unit holders, within a period not exceeding the duration of the fund.
