23 January 2017

Jeddah, Saudi Arabia – Alkhabeer Capital, an asset manager specialized in alternative investments, announced today the launch of its Saudi Real Estate Income Fund I (The “Fund"), a close-ended private fund that will invest in income-generating residential properties in the Kingdom of Saudi Arabia.

This Shari’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.

Commenting on the launch of the Fund, Ahmed Ghouth, CEO of Alkhabeer Capital, said, “Alkhabeer Capital continuously endeavors to anticipate clients’ needs despite prevailing challenges and market changes. This Fund was launched as part of Alkhabeer’s strategy aimed at providing income-generating real estate investment opportunities.

“We, at Alkhabeer, are keen to deliver income-generating opportunities with high-profile tenants to contribute to achieving the Fund objectives. The cumulative demand for residential compounds in Riyadh is expected to reach around 48,000 units by the end of 2019. Due to this growing demand, the residential compound sector presents a very strong upside potential over the long term,” Ghouth added.

Alkhabeer Capital, headquartered in the Kingdom of Saudi Arabia, specializes in alternative investments and investment services. It is authorized by the Capital Market Authority (license number 07074-37).


About Alkhabeer Capital
Alkhabeer Capital is an asset manager specialized in alternative investments providing innovative world class investment products and solutions to institutions, family groups and qualified high net worth investors. Alkhabeer’s Shari‘ah-compliant business activities are distinguished by executional vigor, and a profound understanding of clients’ needs and risk profiles.

Alkhabeer’s asset management services focus on providing alternative investment opportunities through a wide range of real estate and private equity funds. Our real estate investment team sources attractive opportunities to develop innovative investment products, while our private equity services target different sectors such as education and healthcare to provide best-in-class optimal investment solutions.

Additionally, Alkhabeer’s asset management services provide its clients with investment opportunities in capital markets, while Alkhabeer’s Investment Banking area provides dedicated investment services, including merger and acquisitions. Alkhabeer also provides advisory services on structuring Waqf entities and managing Waqf wealth through its “Waqf” Program.

Headquartered in Jeddah, and with a branch in Riyadh, Kingdom of Saudi Arabia, Alkhabeer Capital is regulated by the Capital Market Authority (CMA), license no. 07074-37.

For more details on Alkhabeer Capital, please visit www.alkhabeer.com

Alkhabeer Capital on Social Media:

Tariq Hayat
Chief Corporate Communications & Administration Officer
Alkhabeer Capital
Direct +966 12 612 9394
Email t.hayat@alkhabeer.com

Wajih Halawa
Brunswick Gulf Ltd
Direct +971 (4) 446 6282
Email whalawa@brunswickgroup.com

© Press Release 2017