Inmar Company for Real Estate Development and Investment announces signing a Memorandum of Understanding with Al Rajhi Capital Company For the study of establishing three investment funds with a total value of SAR 1,000,000,000
Business and transactions · 27 August 2026
Summary
On 26 August 2026 the company signed a memorandum of understanding with Al Rajhi Capital to study establishing 3 real estate investment funds with a total target value of SAR 1 billion, covering studies, valuations, due diligence, financing requirements and regulatory approvals. The memorandum runs for 120 days, renewable automatically, and has no measurable financial impact at present.
A short summary written for this site from the official announcement. The official announcement prevails.
Key details
- Signed
- 26 August 2026
- Counterparty
- Al Rajhi Capital
- Purpose
- Study of establishing 3 real estate investment funds, total target value SAR 1 billion
- Term
- 120 days, renewable automatically
- Financial impact
- No measurable financial impact at present
- Related parties
- None
Official source
INMAR's announcements on the Saudi Exchange(external site)
This announcement's own page on the Saudi Exchange has not been identified yet; it is listed among the company's announcements there.
The official page could not be read directly; this entry follows published reports of the announcement.
Reports: مباشر (Mubasher) (external site) · Mubasher (English) (external site)
Last checked 17 October 2026.