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Real Estate

HOUSING AND REAL ESTATE

Saudi Housing Sector to See $21 Billion in Investment in 2019; Home Ownership Growing 6-7 Percent Annually – Minister

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Saudi Arabia's Minister of Housing Majed al-Hogail said he expects investments in the real estate financing sector to reach between 60 billion Saudi riyals and 80 billion riyals ($21.33 billion) in 2019, according to Reuters on the sidelines of a housing conference in Riyadh.

HOUSING AND REAL ESTATE

PIF-backed Saudi mortgage refinancing firm to expand offering in 2019 – Report

housing-real-estate
The Public Investment Fund-backed Saudi Real Estate Refinance Company (SRC) expects to issue its first public sukuk this year and a second private placement in the next two weeks, while developing further plans to finance an expansion of the kingdom’s home mortgage market, according to reports.
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