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Real Estate

Alkhabeer Capital Launches Income-Generating Real Estate Fund In Saudi Arabia

by cpifinancial.net posted 1year ago 610 views
<p>Saudi-based asset management firm Alkhabeer Capital, has launched its Saudi Real Estate Income Fund I (The &ldquo;Fund&quot;), a close-ended private fund that will invest in income-generating residential properties in the Kingdom of Saudi Arabia.</p> <p>This Shari&rsquo;ah-compliant Fund was offered by way of private placement in line with the Investment Fund Regulations of the CMA. Its primary objective is to generate returns from the rental income of a portfolio of residential compounds for families and individuals in Riyadh.</p>