24.7 billion riyals the size of the assets of licensed real estate funds in the Kingdom by the end of the fourth quarter of 2023

Representing 20% of mutual fund assets; total assets rose to SAR 122.57 billion by the end of 2023.
Saudi Central Bank

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Data from the Saudi Central Bank (SAMA) revealed that the total assets of real estate funds licensed by the Capital Market Authority reached 24.7 billion riyals by the end of the fourth quarter of last year. These assets accounted for 20% of total investment fund assets.

Data from "SAMA" showed that the assets of local and foreign investment funds in the Saudi market grew by approximately 5%, an increase of an estimated 5.46 billion riyals by the end of the fourth quarter of 2023, reaching a total of approximately 122.57 billion riyals, compared to 117.1 billion riyals at the end of the third quarter of the same year.