Ramz Real Estate has signed an agreement to establish a Shariah-compliant real estate investment fund, to be managed by Oud Financial. This strategic initiative aims to develop a portfolio of residential projects owned by Ramz, reinforcing the company’s contribution to the growth of the urban development sector and addressing the increasing demand for residential properties across the Kingdom.

The fund is targeting an investment size exceeding SAR 1 billion. The projects to be developed span a total land area of 70,516 square meters and are expected to deliver more than 800 residential units, reflecting the scale of the developments and their contribution to expanding housing supply while creating integrated residential communities.

This initiative aligns with Ramz Real Estate’s strategy to expand its investment portfolio through strategic partnerships with specialized institutions and to develop high-quality projects that generate sustainable value for both investors and end beneficiaries.

The agreement also reflects the strong partnership between Ramz Real Estate and Oud Financial, underscoring the importance of strategic collaborations in advancing urban development objectives. It further supports the delivery of innovative investment solutions that contribute to the growth of the real estate sector while enhancing the quality of residential developments offered in the market.