Dubai-based proptech company Stake has announced its entry into Saudi Arabia through a strategic collaboration with Al Rajhi Seventh, a prominent property developer in the region.
Stake’s inaugural project in Saudi Arabia is a commercial property fund located in North Riyadh. This initiative is being managed in partnership with Saudi-based asset management firm Mulkia, which oversees the private real estate funds listed on Stake’s platform.
The expansion aligns with Stake’s mission to make real estate investment more accessible across residential and commercial sectors, offering investors a digital solution for diversifying their portfolios in the growing Saudi market.
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By Proptechbuzz
By Ravi Kumar