── INVESTMENTS
Three portfolios, one radius.
Every position sits within a short walk of the Haram in Makkah or the Prophet's Mosque in Madinah — held for income, for development upside, or for both.
HOSPITALITY
DEVELOPMENT
INCOME
01 ─ HOSPITALITY
Operating hotels and serviced residences
Keys within walking distance of the Haram, run under international management agreements and held for income with repositioning upside.
HOLD
Long-term, income first
CITIES
Makkah and Madinah
OPERATORS
International management agreements
STATUS
Operating and in delivery
02 ─ DEVELOPMENT
Mixed-use districts delivered whole
Residential, retail and hospitality on a single masterplan rather than parcel by parcel, so the district works as one asset from day one.
SCOPE
Masterplanned districts
DELIVERY
Design through handover
COMPONENTS
Residential, retail, hospitality
STATUS
design
01 ─ INCOME
Stabilised assets held for distribution
Leased, stabilised positions held for quarterly distribution rather than repositioning — the ballast underneath the development book.
OBJECTIVE
Quarterly distribution
RISK
Lowest in the platform
LEASES
Stabilised, in place
STATUS
Operating
The pipeline
through 2030
Ajyad hotel, Makkah
340 keys within the central area.
Under constructionMadinah residences
180 serviced apartments, eastern approach.
In designCentral retail podium
14,000 sqm beneath two operating towers.
In designSecond Makkah vehicle
Full deployment of the committed capital.
CommittedIndicative pipeline — to be replaced with the fund’s confirmed project schedule.
What we look for
before we commit
Inside the Haram walking radius
Shariah-compliant vehicles only
To be confirmed
Income and generational value
Placeholder criteria — awaiting the fund’s confirmed mandate parameters.
CO - INVESTMENT
Enter positions we have already underwritten
Institutions, family offices and operators co-invest alongside the fund on assets where the land is secured and the operator appointed. Reporting is quarterly, the structure Shariah-compliant throughout.
