Alistithmar Capital Launches SAR 1.1 Billion Residential Real Estate Fund and Signs Land Reservation Agreement in Makkah
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Alistithmar Capital, the investment arm of The Saudi Investment Bank, announces the launch of a SAR 1.1 billion residential real estate fund and the signing of a land reservation and purchase agreement with Umm Al Qura for Development and Construction, in collaboration with Dar Al Majed Real Estate Company and Al Obeikan Real Estate Development Company, for the development of two residential towers comprising 400 residential units within Masar Destination in Makkah.