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.

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