Construction & Real Estate

Riyad Capital signs deal to set up $400m fund for Dar Al Salam project

Riyad Capital, one of Saudi Arabia’s largest asset managers, has signed an agreement to establish a $400 million real estate fund in partnership with Princess Munira bint Abdullah bin Faisal Al Saud and Naif AlRajhi Investment Company to develop Riyadh's Dar Al Salam project....

Construction & Real Estate

Markaz-owned Kuwaiti tower gets top green building certification

Kuwait Financial Centre (Markaz) has announced that the Al Nada Tower, a key residential building owned by its real estate fund MREF, has achieved LEED Gold certification. This comes as part of its broader strategy to strengthen sustainability and operational frameworks across its real estate portfolio. ...

Construction & Real Estate

Kamco Invest, Badie plan to develop iconic tower at Sports Boulevard

Kamco Invest, a regional non-banking financial powerhouse, has announced a strategic partnership with Badie Investment for the establishment of a SAR500 million ($133 million) real estate investment fund to develop an iconic tower within Riyadh’s 135-km Sports Boulevard project. ...

Construction & Real Estate

Markaz's real estate fund ends 2025 in style; nets 9.7% in returns

Kuwait Financial Centre (Markaz) has announced that its real estate fund closed 2025 on a successful note delivering a return of 9.7%, supported by strong operating performance across its property portfolio. At the end of the 12-month period, its assets under management hit KD81.1 million ($263.3 million). ...

Construction & Real Estate

Riyad Capital, Saudi Railway to launch $1.6bn real estate fund in Makkah

Riyad Capital, a leading investment manager, has entered into a deal with Saudi Railway to set up a SAR6 billion ($1.6 billion) real estate fund aimed at developing a mixed-use project based on the Transit Oriented Development (TOD) model on a 90,000 sq m area in Makkah. ...