SAUDI ARABIA: AlKhabeer Capital will launch three funds over the next two years targeting assets in Saudi Arabia and Europe.
The funds comprise a targeted SAR125 million (US$33.32 million) fund for residential development in the UK, a SAR150 million (US$39.98 million) residential development fund in Saudi and a SAR250million (US$66.64 million) industrial property development fund, also in Saudi.