The SR2 billion ($533 million) Al-Bushra Infrastructure Development Fund emerged as a flagship collaboration between Sidra Capital and project developer Sager Group.
Targeting a 734,744 sqm tract in Makkah’s Al-Aziziyah district, the vehicle finances the conversion of raw ground into fully serviced parcels. By concentrating capital at such scale in a single site, the structure crystallises long-duration value capture while giving investors clear asset backing in one of the Kingdom’s most supply-constrained urban cores.
Thanks for your interest in Euromoney!
To unlock this article: