Article

Al Saedan Real Estate, in collaboration with Serpentine Lake Capital and SGI Real Estate, has launched SL Property, a SAR 1.5 billion investment platform targeting real estate, infrastructure, and data centers in Saudi Arabia. This initiative, aligned with the new Non-Saudi Real Estate Ownership System set to take effect in January 2026, aims to attract foreign investment and will focus on developing six to eight scalable projects in Riyadh and Jeddah, supporting the Kingdom's economic diversification efforts.