Jeddah, Saudi Arabia - 03 November 2015: Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, announced today that it has successfully exited from Alkhabeer Real Estate Fund I ("AREF I"), a private placement fund that aims to generate investor returns through the acquisition of income-generating real estate assets. The Fund delivered a 40.5% net cumulative return to investors and an annual cash-on-cash return of 8.1%. 

Commenting on the success of AREF I, Ammar A. Shata, Executive Director and CEO of Alkhabeer Capital said, "Alkhabeer endeavors continuously to provide its investors with unique opportunities to invest in local and international income-generating real estate products. Alkhabeer Real Estate Fund I has been able to generate a stable and healthy stream of income to its investors since the inception of the Fund. This strong performance comes on the back of our rigorous approach to investing and managing our funds' assets throughout the investment cycle until reaching a successful exit." 

Alkhabeer Capital launched AREF I in 2010 with the objective of capitalizing on the local real estate market by acquiring high-quality income-generating real estate assets. The Fund's underlying assets included a portfolio of residential villas in Riyadh as well as a portfolio of residential towers in Makkah. The mix of high quality tenants translated into timely and attractive cash flow to the Fund's investors throughout the investment term.

Alkhabeer Capital is a leading asset management and investment firm, authorized by the Capital Market Authority (license number 07074-37).

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About Alkhabeer Capital
Alkhabeer Capital is a leading asset management and investment banking firm providing world-class investment products and services that endeavors to help institutions, family groups and qualified investors access to and/or allocate capital in ways that deliver real and enduring economic value.

It is licensed by Saudi Arabia's Capital Market Authority (CMA) under license number 37-07074. The asset management area provides investment opportunities through a large and growing portfolio of public and private funds in the areas of real estate, private equity and capital markets, while the investment banking area offers specialized Sharia compliant capital raising and M&A advisory services to businesses, private investors and families.

Alkhabeer Capital also provides advisory services on structuring Waqf entities and Waqf wealth management through its "Waqf" Program, which targets educational institutes, charitable foundations, family groups, high net worth individuals and other philanthropists who wish to establish Waqf entities.

Alkhabeer Capital has offices in Jeddah and Riyadh.

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

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

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

© Press Release 2015