SAB Invest, the investment arm of Saudi Awwal Bank (SAB), and Retal Urban Development Company today announced the launch of the Real Estate Fund - a SAR1.9 billion CMA-regulated real estate investment fund.

In a statement, the company said the fund is structured to optimize capital efficiency and risk management, with SAB committing financing of up to 50% of the total investment value. This commitment reflects the strength of the underlying asset and the confidence of the partners in the project's long-term potential.