Alkhabeer REIT Fund is a Saudi Arabia-based closed-ended Sharia-compliant real estate investment traded fund focused on generating sustainable rental income and periodic cash distributions by investing at least 75% of its total assets in income-generating real estate assets across Saudi Arabia, excluding Makkah and Medina. The fund's portfolio primarily consists of retail, office, and residential properties. Established in 2018 and headquartered in Jeddah, the fund operates under the regulatory framework of the Capital Market Authority of Saudi Arabia and is listed on the Saudi Stock Exchange (Tadawul) under the ticker 4348.SR.
The fund’s main products include income-generating real estate assets in strategic locations, with a diversified property portfolio that includes retail centers, office buildings, and residential units. Alkhabeer REIT Fund targets individual and institutional investors seeking Sharia-compliant investment opportunities with steady cash flow returns. It emphasizes investing in high-quality properties with sustainable income streams and operational efficiencies.
Recently, Alkhabeer REIT Fund has made significant portfolio changes including the acquisition of new assets such as Elegance Office Tower, AlFarabi Colleges building, and an under-construction training building for AlFarabi Colleges. It also accomplished a property sale generating SAR 85.8 million from Ahlan Court. The fund declared a 1.05% cash dividend for Q3 2025, reflecting its focus on consistent income distribution to unitholders. These activities demonstrate strategic asset portfolio management and income optimization efforts in line with evolving market conditions.
Alkhabeer REIT Fund is managed by Alkhabeer Capital, a prominent asset management firm founded in 2004 with extensive expertise in real estate and private equity investments across the GCC. Alkhabeer Capital manages over SAR 5 billion in assets and focuses on innovating Sharia-compliant investment products for qualified investors, including high-net-worth individuals, family offices, and institutions. The fund aligns with Saudi Arabia’s Vision 2030 by focusing on real estate sectors offering long-term value and income potential.
Overall, Alkhabeer REIT Fund represents a focused, Sharia-compliant real estate investment vehicle with a diversified and income-generative property portfolio, grounded in strategic acquisitions and active asset management to deliver consistent returns to its investors within the Saudi market. It continues to expand and optimize its asset base while delivering steady dividends under the oversight of Alkhabeer Capital.
This description reflects information current as of late 2025.