Riyadh, Saudi Arabia, December 7, 2025: MEFIC Capital, a leading financial institution known for its comprehensive asset management services and investment solutions, has announced the acquisition of land plots through an affiliated fund that aims to develop a vibrant mixed-use real estate project with an investment value estimated to be over 215 million and a total built-up area that exceeds 45,000 square meters.

The project is located on a plot spanning more than 13,500 square meters in a strategic location overlooking the Sports Boulevard project on Prince Mohammed bin Salman Road, one of Riyadh’s key development zones. The district is witnessing significant residential, commercial, and leisure projects, enhancing the project’s investment appeal. In addition, the project supports Riyadh’s evolving urban landscape by developing a modern, mixed-use destination that promotes an integrated lifestyle and contributes to a more cohesive urban fabric, aligning with the aspirations of Saudi Vision 2030.

This initiative reinforces MEFIC Capital’s role in advancing strategic real estate projects across Riyadh, anchored in prime locations and aligned with the city’s modern urban development trends, thereby strengthening the firm’s position as a trusted investment institution in the Saudi market.

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About MEFIC Capital:

MEFIC Capital is a leading financial institution known for its comprehensive asset management services and investment solutions. Since its establishment in 2007, the company has developed extensive strategic expertise and specialized financial capabilities, enabling it to deliver innovative investment solutions that meet client needs and create long-term value. Licensed by the Capital Market Authority, MEFIC Capital is today one of the prominent investment firms in the Kingdom, with assets under management exceeding 4.5 billion. For more information visit, please visit: mefic.com.sa

MEFIC Capital’s headquarters is located on the 7th floor, Building 7702, King Fahd Road, Al Malqa District, Riyadh 13524–4204, Saudi Arabia.