Jeddah: Alkhabeer Capital, the asset manager specialized in alternative investments, announced that it has received Capital Market Authority (CMA) approval to publicly list its Shari’ah compliant Alkhabeer REIT Fund with assets in excess of SAR 1 billion and an IPO size of SAR 237 million, equating to 24% of total Fund assets. The Fund invests in seven income generating real estate assets at prime locations in Riyadh, Jeddah and Tabuk. The target returns of over 9% per annum, distributed quarterly, are among the highest in comparison with other real estate investment traded funds listed on the Saudi Stock Exchange (“Tadawul”).

Commenting on this listing, Mr. Ahmed Saud Ghouth, Chief Executive Officer of Alkhabeer Capital said: “Alkhabeer REIT is the product of Alkhabeer’s knowledge and expertise in the real estate investment field, domestically and globally, with its real estate investment portfolio exceeding SAR 3.6 billion as at 31 December 2017, managed through 10 real estate funds holding assets and projects in the cities of Jeddah, Riyadh, Khobar and Makkah, as well as real estate property in the United States and the United Kingdom”.

Alkhabeer REIT provides an attractive opportunity to institutional and individual investors to realize high income yield. The Fund’s subscription may be made through six receiving banks with a minimum subscription amount of SAR 500, without any subscription fees.

Mr. Ghouth added: “Alkhabeer Capital manages investment funds with assets of around SAR 4.7 billion as at 31 December 2017, mainly in real estate and private equity. Alkhabeer has an outstanding track record with extensive experience in investing in real estate opportunities catering to investor needs and maximizing returns in a changing economic landscape”.

Subscription in Alkhabeer REIT Units is scheduled to start on Sunday 3 Rabi Awal 1440H, corresponding to 11 November 2018G, and will continue through Thursday 21 Rabi Awal 1440H, corresponding to 29 November 2018G. Prospective subscribers may apply through the following institutions: National Commercial Bank, Riyad Bank, Al-Rajhi Bank, Arab National Bank, Saudi Fransi Bank and Aljazira Capital. Fund basic information, executive summary and terms and conditions are available at

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 REIT 

Alkhabeer REIT is a closed-ended Shari’a compliant real estate investment traded fund, created in accordance with applicable Saudi laws and regulations and operates under Capital Market Authority regulations and directives. The offering and listing of Alkhabeer REIT Units on the Saudi Stock Exchange (Tadawul) was approved by CMA on 07.02.1440H, corresponding to 16.10.2018G.  

Note: Investing in the Real Estate Investment Traded Fund is high risk. The Investor may recover less than the amount invested. 

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‘a-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 investment opportunities in domestic, regional and international capital markets through a wide range of real estate and private equity funds. Our real estate investment team structures and develops innovative real estate investment products. Alkhabeer’s private equity services develop products to benefit from attractive opportunities in a number of sectors including education, healthcare and other sectors.

In addition, Alkhabeer’s asset management services provide its clients with investment opportunities in capital markets, while Alkhabeer’s Investment Banking provides dedicated investment services, including merger and acquisition. 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 

Alkhabeer Capital on Social Media:                       

For further information, contact:

Abdulrahman Omar Baroom

Director of Corporate Services Division

Alkhabeer Capital

Direct +966 12 612 9344


Maria Saud

Brunswick Group

Direct +971 (4) 560 9627


© Press Release 2018

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