Al Saedan Real Estate Launches SAR 1.5 Billion SL Property with Partners
Al Saedan Real Estate, in collaboration with Serpentine Lake Capital and SGI Real Estate, has launched SL Property, a SAR 1.5 billion investment platform targeting real estate, infrastructure, and data centers in Saudi Arabia. This initiative, aligned with the new Non-Saudi Real Estate Ownership System set to take effect in January 2026, aims to attract foreign investment and will focus on developing six to eight scalable projects in Riyadh and Jeddah, supporting the Kingdom's economic diversification efforts.
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Al Saedan Real Estate, in partnership with Serpentine Lake Capital and SGI Real Estate, launched SL Property, a SAR 1.5 billion investment platform for real estate, infrastructure, and data centers in Saudi Arabia. This initiative follows the new Non-Saudi Real Estate Ownership System effective January 2026, aimed at enhancing foreign investment in the sector.
The platform plans to invest in six to eight projects in Riyadh and Jeddah, focusing on scalable and sustainable developments. It combines local development capabilities with international investment practices and governance standards, aligning with the Kingdom's economic diversification goals.
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