Mosa Al Mosa Group has announced the launch of a real estate investment fund managed by Nomw Capital, in alliance with Al Adwan Development, Esar Investment Company (Abdulaziz Saleh Al Rajhi), and IQ Real Estate (Ibrahim Al Qurashi). The fund has completed the acquisition of a raw land plot spanning 582,000 square meters in the Akadh district, southern Riyadh, for a total value of SAR 337 million.
Through this fund, the alliance aims to develop the land into a fully serviced, master-planned community featuring a diverse mix of residential, commercial, and industrial plots, meeting the growing market demand and supporting urban and economic expansion across the capital’s southern region. This milestone underscores Mosa Al Mosa Group’s commitment to forging strategic alliances with leading financial and real estate partners.
It highlights the Group's focus on directing investments toward value-adding developments that drive real estate growth in Riyadh, in alignment with the goals of Saudi Vision 2030.
