Riyadh – Sharikat Mubasher: Jozo, the first Saudi private platform to issue digital fractional real estate title deeds, announced it has signed a memorandum of understanding (MoU) with International Investment Gate (IIG) to enhance international collaboration and attract global interest in the Kingdom’s real estate sector.
Under the agreement, IIG will work to connect qualified foreign investors, institutional investors, family offices, and strategic partners with fractional real estate ownership opportunities available through Jozo’s platform, according to the company’s press release. The partnership will also explore introducing selected international fractional real estate opportunities to Saudi investors, subject to applicable regulations.
The collaboration aims to strengthen international investment ties, expand access to innovative and Shariah-compliant real estate ownership models, and promote investment opportunities aligned with environmental, social, and governance (ESG) standards. Both parties said the initiative seeks to create long-term value for investors while supporting sustainable economic development.
Turki Alshlail, Co-Founder and CEO of Jozo, said the partnership reflects growing international demand for Saudi real estate and a shared commitment to leveraging innovation to support the Kingdom’s development ambitions. Meanwhile, Tariq Radhaei, Director of International Investment for Saudi Arabia at IIG, said the agreement responds to increasing global interest in Saudi real estate while broadening access to investment opportunities in line with the Kingdom’s ongoing economic transformation.
