Safqah Capital Signs Strategic Agreement With Al-Mushrifiyah to Develop 1,500 Housing Units

During its participation in the Money2020 exhibition in 2025, Safqah Capital announced the signing of a strategic agreement with Al-Mushrifiyah Investment and Real Estate Development Company to develop 1,500 housing units over five years, from 2025 to 2030, with a total project value of SAR 575 million.

This agreement aims to meet the growing demand for housing units in the Kingdom and to enhance the diversity of real estate offerings in line with the aspirations of citizens and investors. Safqah Capital emphasized that this project represents a significant step in supporting the real estate sector, reflecting its commitment to introducing innovative financing solutions that contribute to real estate development and improving quality of life.

Al-Mushrifiyah expressed pride in its partnership with Safqah Capital, stating that the agreement enhances its ability to execute high-quality projects that meet the needs of the real estate market and support sustainable development.