The fund investment objective is to achieve capital growth over the medium and long term during the fund term through acquiring income-generating real estate assets within the Kingdom of Saudi Arabia and/or investing in real estate development projects in the Kingdom of Saudi Arabia and/or investing in usufruct projects and exiting from such investments during or before the end of the Fund’s term. The Fund may limit its investment to a single real estate project.
June 30, 2014
SAR 1.1 Billion
Four (4) years extendable by three (3) additional one-year periods
9% per annum