SEDCO Capital is set to enhance its fund by acquiring a portfolio of eight income-generating properties valued at approximately 700 million Saudi Riyals, strategically located in Riyadh and the Eastern Province.

Information on the Target

SEDCO Capital has announced a strategic initiative to enhance its fund's capital through the acquisition of a portfolio comprising eight developed properties. These income-generating assets are strategically located across Riyadh and the Eastern Province, with an estimated total value of approximately 700 million Saudi Riyals. This acquisition is part of SEDCO Capital's ongoing efforts to diversify and expand its real estate investments.

The properties included in this portfolio span various sectors, demonstrating SEDCO Capital's intent to capitalize on the robust demand for real estate in key urban areas. The successful integration of these assets is expected to provide a stable income stream and contribute positively to the overall performance of the fund.

Industry Overview in Saudi Arabia

The real estate sector in Saudi Arabia has shown significant resilience, supported by governmental initiatives aimed at boosting the economy and diversifying its revenue sources. With the Vi