$266m Jadwa Investment fund aims to build 1,500 homes in Riyadh

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ARAB NEWS
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1617628728074775500
Mon, 2021-04-05 16:07

DUBAI: Riyadh-based investment management and advisory firm Jadwa Investment has launched a SR1 billion ($266 million) Shariah-compliant real estate fund to develop more than 1,500 homes in the Saudi capital.
The Aldar Investment Fund has been set up in partnership with Almajdiah Group and Riyad Bank and will have a term of three years plus two one-year extensions.

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