Riyadh – Sharikat Mubasher: BLOMINVEST recently celebrated the launch of its 50th real estate fund, marking a new milestone in the company’s strategic partnerships with investors and developers.
Since introducing its first fund in 2011, the firm has built an integrated investment platform focused on sustainable growth, strategic alliances, and competitive returns.
As per the company’s press release, BLOMINVEST now manages real estate assets exceeding SAR 17 billion and has contributed to the development of more than 12 million square meters across Saudi Arabia. Its portfolio includes 2,116 villas, 4,727 apartments, three residential compounds, and various office parks and raw land developments.
BLOMINVEST has also played a key role in the growth of the tourism and luxury housing sectors, co-developing five-star resorts with global operators and residential communities like Wadi Qurtuba and Antara.
On this occasion, Abdullah Al-Rashoud, the CEO, expressed his pride in witnessing this event and described the fund as a landmark moment reflecting BLOMINVEST’s ongoing support for Saudi Vision 2030. The company, regulated by the Capital Market Authority, offers a wide range of financial services, including asset management, wealth advisory, corporate finance, and fund operations.
