Tharwat for Financial Securities Expands Investment Portfolio with SAR 6 Billion Real Estate Fund to Develop “Mazad Al Qutb” Land

Logo of Tharwat for Financial Securities

Tharwat for Financial Securities has announced  its continued efforts to establish promising real estate investment funds, with the launch of a new real estate fund to develop the land of “Mazad Al Qutb”, located in north of King Salman Road in Riyadh, with a targeted fund size of nearly SAR 6 billion, marking another step in its efforts to investing in high-quality real estate opportunities and unlocking the value of prospective assets.

The land covers 2.94 million square meters in a strategically positioned area north of Riyadh. The location is benefiting from continued urban expansion and growing investment activity across the capital.

The fund will focus on developing the currently undeveloped site and creating a higher-value real estate asset, capitalizing on its substantial size and development potential. The project also comes as Riyadh continues to experience rapid growth in urban development and rising demand for high-quality real estate opportunities.

The development of “Mazad Al Qutb” represents a significant addition to Tharwat for Financial Securities’ real estate investment portfolio, supported by the land’s substantial fund size and land scale, as well as the size of the investment targeted through the fund.

Through the fund, Tharwat for Financial Securities also aims to broaden the investment opportunities available to its clients and investors while expanding and diversifying its range of real estate investment products.

Tharwat for Financial Securities is a Saudi investment company is licensed by the Capital Market Authority (CMA) with license number 06-14175 on 13/03/2014 to dealing in securities, securities custody, investment management, and fund operation.