SAB Invest announces the launch of a closed-ended Private Real Estate Fund for approximately 1 Billion Saudi Riyal

SAB Invest announces the launch of a closed-ended Private Real Estate Fund in compliance with Shariah law with a total volume estimated at approximately 1 Billion Saudi Riyal, in which the Fund acquired the residential Kingdom City Compound in Al Rabi’ area, Riyadh. The compound is considered as one of the most luxurious compounds and is distinguished by its proximity to both current and future key projects in the city of Riyadh, such as King Abdullah Financial District (KAFD), the Sports Boulevard Project, King Salman Airport, and Roshn Front. The Kingdom City Compound is considered as one of the most important landmarks in the city of Riyadh, which was designed in cooperation with one of the best urban design companies. The compound contains384 residential units in addition to facilities that meet the needs of the residents, their families, and visitors. It is also supervised by a specialized operating department since the establishment of the compound until present date. The compound’s location also provides easy access to high-quality services such as the Kingdom hospital and Kingdom schools.

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