Acquiring Company
Al Ramz Real Estate Company
Acquired Company
Al Ahli Aleen Enbar Real Estate Fund
Description
Al Ramz Real Estate Company has signed agreements to acquire the remaining units in the Al Ahli Aleen Enbar Real Estate Fund for SAR 133 million. This acquisition will raise Al Ramz's ownership from 23% to 100%, giving it full control of the Qurtuba 2 development in Riyadh. The project includes residential, commercial, and hospitality units, targeting high demand areas. The completion is subject to regulatory procedures and is expected to enhance Al Ramz's investment strategy.
Quick answer
Al Ramz Real Estate Company is acquiring Al Ahli Aleen Enbar Real Estate Fund, announced May 21, 2026. Al Ramz Real Estate Company is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Al Ramz Real Estate Company pay for Al Ahli Aleen Enbar Real Estate Fund?
- The deal value was not disclosed.
- What does Al Ramz Real Estate Company do?
- Al Ramz Real Estate Company is a Saudi-listed company focused on real estate investments and developments.
- Where are Al Ramz Real Estate Company and Al Ahli Aleen Enbar Real Estate Fund based?
- Al Ramz Real Estate Company is based in Riyadh, Riyadh Region, Saudi Arabia. Al Ahli Aleen Enbar Real Estate Fund is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at Al Ramz Real Estate Company?
- Fundz holds 2 contacts at Al Ramz Real Estate Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Al Ramz Real Estate Company, and when
When Al Ramz Real Estate Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Al Ramz Real Estate Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Al Ramz Real Estate Company, from your own LinkedIn network
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Frequently asked
Who acquired Al Ahli Aleen Enbar Real Estate Fund?
Al Ahli Aleen Enbar Real Estate Fund was acquired by Al Ramz Real Estate Company, based in Riyadh. The deal was reported on May 21, 2026. Al Ramz Real Estate Company is a Saudi-listed company focused on real estate investments and developments. The company aims to strengthen its portfolio by acquiring strategic properties in prime locations. Al Ramz Real Estate Company is privately held and operates in Real Estate.
When did Al Ramz Real Estate Company acquire Al Ahli Aleen Enbar Real Estate Fund?
Al Ramz Real Estate Company's acquisition of Al Ahli Aleen Enbar Real Estate Fund was reported on May 21, 2026. Al Ramz Real Estate Company has signed agreements to acquire the remaining units in the Al Ahli Aleen Enbar Real Estate Fund for SAR 133 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Al Ahli Aleen Enbar Real Estate Fund do?
The Al Ahli Aleen Enbar Real Estate Fund is a private investment fund that engages in the development of mixed-use real estate projects. The fund holds various strategic properties in Riyadh, aimed at capitalizing on the region's growth potential. It is privately held, operating in Real Estate, and is based in Riyadh.
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