Asset Management

Real Estate

Three separate Real Estate Development Funds were launched between 2014 and 2016 for the construction, marketing and sale of a total of 373 residential villas: Al Dhawahi , Ewan Al Qayrawan and Ewan Al Maali (AUM of SAR 500+ M).


In 2018, Swicorp Wabel REIT, a SAR 1.18 B closed-end Shariah-compliant Real Estate Investment Traded Fund was launched and listed on the Saudi Stock Exchange (Tadawul ticker 4345). Swicorp Wabel REIT initially acquired four retail malls under the Al Makan brand name in Riyadh, Hafr Al Batin, Tabuk and Dawadmi.


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Growth Equity Fund Initiative

A Growth Equity fund to support the venture capital community in the region is the latest addition to Swicorp's asset management initiatives