Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
The government of Saudi Arabia has enacted a new law permitting non-Saudis to own property in certain markets across the kingdom. The new law, which goes into effect in January 2026. According to a report in Construction Business News, non-Saudis will be able to...
Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
The Trump Organization has partnered with the Dubai-based real estate developer Dar Global to construct two new luxury projects in the Saudi Arabian capital of Riyadh. Gulf Business reports the new projects will be aimed at the luxury Saudi Arabian market and...
The UK luxury real estate firm Antillia Agency has announced its expansion into the Middle East. Antillia’s expansion strategy will include the opening of offices in Dubai and the Saudi Arabian capital of Riyadh, with bilingual agents focused on connecting...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
