Latest news with #SABInvest
Argaam
09-07-2025
- Business
- Argaam
SAB Invest launches private credit fund with initial investments of over SAR 300M
Logo of SAB Invest SAB Invest announced the launch of SAB Invest Multi-Strategy Private Investment Fund I, which is aimed at delivering high, recurring income to investors through investing in a diversified portfolio of private credit opportunities across Saudi Arabia, the GCC, and the MENA region. Ali Almansour, Managing Director and CEO of SAB Invest, said the fund aims to raise SAR 1 billion in total commitments over a period of 6-12 months, noting that over SAR 300 million in initial investments have already been raised since obtaining approval from the Capital Market Authority (CMA) last month. He emphasized that the fund features a comprehensive Shariah-compliant structure, offering an innovative and distinctive investment opportunity that has attracted significant client interest — as reflected in the strong demand seen since the announcement. Almansour noted that SAB Invest seeks, through this product, to provide high-quality, diversified investment solutions, designed to meet the evolving goals of its clients and support their financial strategies throughout different stages of their investment journeys. Osama Alowedi, Chief Investment Officer at SAB Invest, said the fund establishment plan has started began nearly a year ago, with the goal of developing a product that meets market needs and aligns with investor aspirations. Alowedi indicated that private credit solutions provide an effective addition to the financing landscape through offering customized solutions and greater efficiency in terms of time and cost. He stressed that what distinguishes this type of financing is its flexibility and ability to adapt to companies' specific needs. Further, Alowedi noted that the Saudi and Gulf economies are undergoing rapid transformation, driven by digitization and sectoral diversification. This shift requires more versatile and flexible financing solutions, particularly for sectors based on technologies and services, where private credit offers suitable alternatives aligned with this direction. He pointed out that several founders and business owners see real value in private credit solutions, due to the deep engagement and understanding fund managers offer, going beyond the traditional asset-valuation based lending model. The fund's preparatory phase involved the development of a pipeline of well-vetted investment opportunities, alongside the establishment of robust risk management frameworks to support fund deployment and enhance the potential for sustainable growth. Initial subscriptions to the fund came from a diverse base of SAB Invest clients, including institutional investors, family offices, asset managers, and high-net-worth individuals. Regarding the fund's target investment categories, SAB Invest explained that it will focus on listed and unlisted sukuk issued by small and medium-sized enterprises (SMEs), debt investments in high-growth tech companies, structured debt for mid-sized enterprises, and infrastructure debt instruments. The company expects the fund to deliver an annual return of 12%-13% to investors where 10%-11% of that to be distributed on a quarterly basis. SAB Invest added that the fund's investments will be secured by a range of guarantees and assets, including real estate mortgages, share pledges, and cash reserves. The fund's board of directors includes independent members to oversee investment governance.
Bloomberg
07-07-2025
- Business
- Bloomberg
Saudi SAB Invest Makes First Foray Into MENA Private Credit
Saudi Awwal Bank's investment arm plans to raise as much as one billion riyals ($266 million) for its first private credit fund focused on the Middle East and North Africa. SAB Invest has already secured about $100 million from regional wealth managers and family offices and intends to raise the rest within the next year, according to Osama Alowedi, chief investment officer.
Argaam
16-06-2025
- Business
- Argaam
SAB Invest exits real estate fund for SAR 268 million with 35% ROI, Mohammed Al Habib Real Estate launches Azure's Lamara complex
SAB Invest has successfully divested a fund in its real estate portfolio that includes Azure's Lamara residential complex for SAR 268 million. In a statement, the company clarified that the asset was acquired in collaboration with Mohammed Al Habib Real Estate Company. This marks the first exit from its real estate portfolio since launching its strategy in 2022, with the portfolio now valued at over SAR 3 billion. Ali Almansour, Managing Director & CEO at SAB Invest, said: 'This milestone is the culmination of a successful strategic partnership between the two parties, with Mohammed Al Habib Real Estate Company taking full responsibility for the project development and execution. The collaboration resulted in a return on investment (ROI) exceeding 35% in less than two years for the fund's investors — a testament for the efficient management and execution quality.' Abdullah Al Habib, CEO of Mohammed Al Habib Real Estate Company, commented: 'Our success in the Lamara project is a practical testament to the efficiency of our business model, which is rooted in high-quality execution, strict adherence to timelines, and delivering attractive returns for investors.' The Lamara project spans a total area of 30,000 square meters and includes 319 residential units - townhouses to apartments. The project was completed and sold in less than two years, ahead of the planned schedule, according to the company's statement. Osama Alowedi, Chief Investment Officer at SAB Invest, highlighted that since the launch of the local real estate program, the company has invested in several prime real estate assets across Saudi Arabia, with a total asset value surpassing SAR 3 billion. Waleed Bakarman, Head of Real Estate Investments at SAB Invest, added that the company's real estate portfolio comprises properties with a total leasable area nearing 1,000,000 square meters. This includes approximately 850,000 square meters of mixed-use and residential properties featuring more than 1,500 residential units, along with commercial and logistics assets.
ME Construction
04-06-2025
- Business
- ME Construction
Azure launches Lamara project in Riyadh
Property Azure launches Lamara project in Riyadh By The project aligns with SAB Invest's local real estate strategy, which has achieved a 19% internal rate of return for its investors Azure has launched its Lamara project in Riyadh. This collaborative effort between Mohammed Al Habib Real Estate and SAB Invest brings together expertise in development, real estate investment, and master planning. The project was valued at US $72.4mn and aligns with SAB Invest's broader $800mn local real estate strategy, which has achieved a 19% internal rate of return (IRR) for its investors. Together, SAB Invest and Mohammed Al Habib Real Estate reinforce their shared commitment to delivering exceptional, high-impact communities, said a statement. Azure, backed by the legacy of over 50 completed projects across 10 cities by Mohammed Al Habib Real Estate, is set to launch multiple projects per quarter as part of a high frequency strategy. This vision aims to manage up to 20,000 residential units in Riyadh by 2030. Azure currently serves over 13,680 residents across 12 compounds and 3,639 residential units. Azure Lamara builds on this momentum to Riyadh's evolving residential landscape, offering developments that redefine lifestyle centric urban living, said a statement. Abdullah Al Habib, CEO of Mohammed Al Habib Real Estate said, 'Lamara is just the beginning. As Azure expands its footprint across Riyadh, we are creating vibrant, high-quality communities that align with Vision 2030. Leveraging our expertise in pioneering strategic master plans and unique urban developments, we remain dedicated to crafting neighborhoods that truly reflect and elevate the way people live and connect.' Fahad Al-Assaf, President at Azure, emphasised this vision commented, 'This launch reflects Azure's broader mission to create thoughtful urban environments. Drawing on the heritage and development expertise of our parent company, we aim to deliver spaces that inspire the seamless integration of connection, wellbeing, and enduring value.' Ali Al Mansour, Managing Director and CEO of SAB Invest added, 'Our collaboration with Mohammed Al Habib Real Estate reflects our commitment to backing high-quality developments that deliver both strong returns and long-term value to investors. Our success with Azure Lamara project is a testament to this strategy, and we are proud to see that momentum continue with the Lamara launch.' SAB Invest, with its growing portfolio of residential and mixed-use assets across the Kingdom, brings investment scale and efficiency to its long-term value creation development strategy. This collaboration exemplifies responsible real estate practices that positively impact the community. Azure prioritises services that cater to the diverse needs of its broad resident community, welcoming environment that resonates with today's globally minded population, the statement concluded.
Zawya
04-06-2025
- Business
- Zawya
Azure unveils new luxury living development in Riyadh
Saudi Arabia - Mohammed Al Habib, a leading property development company in Saudi Arabia, has announced that one of its key units - Azure - has launched its landmark Lamara project in Riyadh, thus setting the stage for an ambitious new chapter in premium community development. Held in strategic collaboration between Mohammed Al Habib Real Estate, and SAB Invest, the occasion brings together leading expertise in development, real estate investment, and master planning. The project is part of SAB Invest's wider SAR3 billion ($816 million) local real estate strategy, yielding an impressive 19% internal rate of return (IRR) for the fund's investors. Together, both entities reinforce their shared commitment to delivering distinctive, high-impact communities. The unveiling follows SAB Invest's successful divestment of Lamara residential project, acquired in partnership with Mohammed Al Habib Real Estate at a total investment of SAR268 million. The milestone also marks the beginning of a high-frequency rollout strategy, with Azure set to launch multiple projects per quarter as part of a broader vision to manage up to 20,000 residential units in Riyadh by 2030. Backed by Mohammed Al Habib Real Estate's legacy of over 50 completed projects across 10 cities, Azure currently serves over 13,680 residents across 12 compounds and 3,639 residential units. Azure Lamara builds on this momentum to Riyadh's evolving residential landscape with developments that aim to redefine lifestyle-centric urban living, said a top official. "Lamara is just the beginning. As Azure expands its footprint across Riyadh, we are creating vibrant, high-quality communities that align with Vision 2030," remarked its CEO Abdullah Al Habib. "Leveraging our expertise in pioneering strategic master plans and unique urban developments, we remain dedicated to crafting neighborhoods that truly reflect and elevate the way people live and connect," he stated. Azure President Fahad Al Assaf said: "This launch reflects our broader mission to create thoughtful urban environments. Drawing on the heritage and development expertise of our parent company, we aim to deliver spaces that inspire the seamless integration of connection, wellbeing, and enduring value." By prioritizing services tailored to the needs of a broad resident community, Azure fosters a welcoming environment that aligns with today's globally minded population, he stated. SAB Invest Managing Director and CEO Ali Al Mansour said: "Our collaboration with Mohammed Al Habib Real Estate reflects our commitment to backing high-quality developments that deliver both strong returns and long-term value to investors. Our success with Azure Lamara project is a testament to this strategy, and we are proud to see that momentum continue with the Lamara launch." "With a growing portfolio of high-performing residential and mixed-use assets across the Kingdom, SAB Invest brings investment scale and efficiency to a development strategy rooted in long-term value creation. This collaboration reflects a forward-looking approach to real estate that blends financial discipline with community impact," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
