Saudi Real Estate Refinance Company Agrees to ReFi REDF Portfolio Worth 10 Billion Saudi Riyals
Posted on 11/01/2021
Saudi Real Estate Refinance Company inked a partnership agreement with Real Estate Development Fund (REDF) to refinance a real estate portfolio worth 10 billion Saudi riyals. REDF provides subsidized loans to Saudi home buyers. Formed in 2017, Saudi Real Estate Refinance Company is a sovereign wealth enterprise of Saudi Arabia’s Public Investment Fund.
