The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) company, has signed a residential real estate finance portfolio purchase agreement with Saudi Awwal Bank (SAB). Â The signing ceremony was attended by the Minister of Municipalities and Housing and SRC Board Chairman
SRC
The Saudi Real Estate Refinance Company (SRC), a PIF company, has announced the launch of the Kingdom’s first Residential Mortgage-Backed Securities (RMBS). This landmark transaction forms part of SRC’s efforts to develop the capital markets and enhance liquidity in the real estate finance sector by introducing, for the first time in the Saudi market, an […]
The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a real estate finance portfolio purchase agreement with Bank Albilad. The signing took place in the presence of His Excellency Majid bin Abdullah Al-Hogail, the Minister of Municipalities and Housing and Chairman of SRC, alongside Mr. Nasser bin Mohammed Al-Subaie, Chairman of Bank […]
The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a SAR 3.4 billion mortgage portfolio acquisition agreement with the Saudi National Bank (SNB), Saudi Arabia’s largest financial institution. The deal marks one of the largest mortgage refinancing transactions in Saudi Arabia. The agreement was signed by Tareq Al-Sadhan, CEO of SNB, and […]
The Saudi Real Estate Refinance Company (SRC), a PIF Company, has successfully completed the pricing of its first government-guaranteed international Sukuk, valued at USD 2 billion. The issuance, structured in two tranches with maturities of three and ten years, was oversubscribed 6 times, reflecting strong demand from more than 300 institutional investors. This Sukuk is
The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a Memorandum of Understanding (MoU) with Hassana Investment Company (Hassana), the investment arm company of the General Organization for Social Insurance, aiming to achieve the goals of the Kingdom of Saudi Arabia’s Housing Program and Financial Sector Development Program, aligning with the















