Real estate

REIT Saudi

Jadwa REIT Saudi Fund is a closed-end Shariah-compliant real estate investment traded (REIT) fund managed by Jadwa Investment and designed to provide investors recurring income from real estate properties in major cities across Saudi Arabia (excluding the holy cities of Makkah and Madinah). The fund offers investors diversified geographic and sectoral exposure to the Saudi real estate market that encompasses the residential, commercial, hospitality, industrial, and educational sectors.

Portfolio

The Boulevard Riyadh

Location

Riyadh

Use

Mixed

Acquisition year:

2021

Acquisition price:

SAR 320m

Built-up area:

36,340 sqm

Located on Prince Turki bin Abdulaziz Al Awwal Road in Hittin District on a total land area of 18,854 sqm, the landmark property consists of shopping, dining, offices, luxury hotel apartments, recreation and fitness facilities.

Real Estate Investment Fund

Location

Riyadh

Use

Mixed

Acquisition year:

2020

Acquisition price:

SAR 450m

Built-up area:

Various

Jadwa REIT Saudi has invested in Jadwa’s Real Estate Investment Fund, a close-end fund launched to acquire a diversified portfolio of prime, income-generating real estate assets across different sectors in Saudi Arabia.

Labor Court Olaya

Location

Riyadh

Use

Hospitality

Acquisition year:

2019

Acquisition price:

SAR 59m

Built-up area:

8,312 sqm

Located in Al Sahafa District on a total land area of 3,300 sqm, the property is an eight-story hotel with two-level basement parking.

Aber Al Yasmin Hotel

Location

Riyadh

Use

Hospitality

Acquisition year:

2019

Acquisition price:

SAR 34m

Built-up area:

6,405 sqm

Located in Al Yasmin District on a total land area of 3,640 sqm, the property is a two-story hotel with mezzanine and basement parking.

Raud Al Jenan School

Location

Riyadh

Use

Education

Acquisition year:

2019

Acquisition price:

SAR 25.6m

Built-up area:

9,700 sqm

Located in Nakheel District on a land area of 3,000 sqm, the property is a three-story school building with basement parking.

Al Fannar Compound and Retail

Location

Al Khobar

Use

Mixed

Acquisition year:

2018

Acquisition price:

SAR 243.9m

Built-up area:

63,174 sqm

Located in Al-Rawabi District on a land area of 69,962 sqm, the mix-used property consists of 162 residential units and a mall offering 24,27 sqm of gross leasable retail and office space.

Al Yaum Newspaper Tower

Location

Dammam

Use

Office

Acquisition year:

2018

Acquisition price:

SAR 275m

Built-up area:

39,242 sqm

Located in Al-Hussam District on a land area of 4,800 sqm, the property is a mid-rise office tower with net leasable area of 19,861 sqm and ample parking facilities.

Al Sulay Industrial Facility

Location

Riyadh

Use

Mixed

Acquisition year:

2018

Acquisition price:

SAR 221.7m

Built-up area:

143,400 sqm

Located in Al-Sulay District on a land area of 218,925 sqm, the property is a mixed-use industrial complex consisting of storage facilities, showrooms, offices, and open spaces.

Al Marefah University

Location

Riyadh

Use

Education

Acquisition year:

2018

Acquisition price:

SAR 200m

Built-up area:

41,830 sqm

Located in Al-Diriyah District on a land area of 18,117 sqm, the property is a mid-rise university campus with a gross leasable area of 39,218 sqm and ample parking facilities.

Marvella Complex

Location

Riyadh

Use

Mixed

Acquisition year:

2018

Acquisition price:

SAR 606m

Built-up area:

154,283 sqm

Located in Al-Hamra District on a land area of 73,198 sqm, the mixed-use property consists of 594 residential units, retail space, and various amenities and services, including swimming pools, a restaurant, and a private cinema.

Key documents

Contact our team

For more information or to arrange an initial consultation, please email us at clients@jadwa.com