The fund aims to acquire a developed property in Riyadh that generates recurring rental income. This will generate monthly returns through leasing the fund’s assets and generate capital gains at the end of the fund’s life through the sale of the fund’s assets.
| Fund Name | Mulkia Back Yard Generating Fund |
|---|---|
| Fund Manger | Mulkia Investment Company |
| Fund Type | Private close-end real estate fund |
| Risk Level | High |
| Fund Period | Three years, extendable for Three years |
| Fund Currency | Saudi Riyal |
| Fund Unit | 10 SAR |
| Fund Objectives | Acquiring a construction-developed property in the city of Riyadh that is capable of generating periodic rental income, with the aim of achieving monthly returns for investors through leasing the fund’s assets, as well as capital returns at the end of the fund’s life through the sale of the fund’s assets. |
| Fund Start Date | 27/02/2025 |
We are glad to take your questions and inquiries regarding Mulkia Back Yard Generating Fund on the E-mail of the fund: crm@mulkia.com.sa
