Construction & Real Estate

Rikaz expands into Saudi education sector with new fund

Saudi developer Rikaz said it has joined First Avenue Real Estate Development Company, AlMajdiah and SNB Capital for the establishment of a new investment fund that is focused on the kingdom's education sector. This initiative represents a strategic step in Rikaz’s growth journey, expanding its investments into a vital sector directly linked to human capital development and improving quality of life. ...

Construction & Real Estate

First Avenue fund targets prime Saudi education real estate assets

First Avenue for Real Estate Development has signed an agreement with SNB Capital, Dar Al Majed and Rekaz to set up an investment fund that will acquire and build educational facilities across Saudi Arabia. This comes as part of First Avenue's strategy to diversify its portfolio and income streams. ...

Construction & Real Estate

TECOM Group acquires university campus in Dubai International Academic City

TECOM Group, the creator of specialised business districts and vibrant communities, has acquired an integrated university campus comprising multiple buildings and spanning more than 300,000 sq ft in Dubai International Academic City, recognising strong demand for the higher education sector....