13 Jun, 2024

anb capital announces successful exit with exceptional returns on Al Arabi Al Argan Fund 1

anb capital is pleased to announce the successful completion of the liquidation process for its Al Arabi Al Argan Real Estate Development Fund 1. The liquidation process followed the successful sale of the fund's real estate asset, a fully serviced residential project spanning 800,000 square meters in the Al-Rimal neighborhood of Riyadh. Unitholders in the fund received a return of more than 80% on their capital in addition to the full return of their initial investment. The strong returns reflect anb capital's expertise in identifying and managing high-potential real estate opportunities.