According to Arab Net, the company said in a statement that the Fund targets the acquisition of real estate assets for income in Riyadh.
IFAD also aims to provide an ongoing income for units and capital development in the medium and long term through investment in developed real estate assets and an income manager.
IFAD's objectives are also investing in real estate development to promote capital growth and target distributions to the investors of the Fund.
The company said that the real estate acquired by its contract with two well-known local and international brands, which will contribute to the expected income as possible.
