Al Rajhi Real Estate Investment Trust Fund has signed two financing facility deals worth a total of SAR 2.5 billion with Al Rajhi Bank and Saudi British Bank (SABB), enhancing its investment capabilities and supporting expansion plans in its real estate portfolio.\n\n
Strengthening Financial Capabilities for Growth and Expansion
\n\nThese deals come within Al Rajhi REIT strategy to enhance its financing capabilities and expand its investment base in the Saudi real estate sector. The Fund, managed by Al Rajhi Financial Company, aims to achieve stable periodic returns for investors through investing in income-generating real estate assets in the Kingdom.\n\nThe new facilities will enable the Fund to benefit from promising investment opportunities in the Saudi real estate market, especially with the accelerated growth witnessed by the sector within the framework of Saudi Vision 2030. This financing reflects the strong confidence of leading banks in the Kingdom in the Fund outstanding performance and its ability to achieve sustainable growth.\n\n
Diversified Investments in Income-Generating Properties
\n\nAl Rajhi REIT currently invests in 21 diverse properties including shopping centers, offices, industrial and logistics properties, providing geographical and sectoral diversification that reduces risks and enhances return stability. The Fund is committed to distributing quarterly profits to unit holders of not less than 90% of annual net profits.\n\nThese financing deals provide the Fund with greater flexibility in implementing its investment strategy, including acquiring new high-quality properties and developing existing assets to maximize their returns. They also contribute to enhancing the Fund financial liquidity and improving its capital structure.\n\nThese facilities are expected to contribute to supporting the Fund performance growth and improving its financial indicators, enhancing its attractiveness to local and foreign investors seeking to invest in the promising Saudi real estate sector. The Fund continues to apply the highest standards of governance and transparency in its investments in accordance with Islamic Sharia provisions.
