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2019
Established
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$ 120 mn+
Value of Completed Projects
Our Real Estate Investment and Development Management Overview
- Established in 2019, BEC Arabia Real Estate is a vertically integrated subsidiary of The Group that engages in Real Estate development management with a specific focus on social and affordable housing.
- The company manages all cycles of the real estate development process on either a co-development or standalone basis.
- The company also invests in prominent residential and mixed-use projects, helping to bridge funding gaps, with a current portfolio of USD 60mn.
- Despite its short lifespan, BEC Arabia Real Estate secured a memorandum of understanding to develop more than 18K units from the Ministry of Housing. The first mandate, involving the development of 890 units in Jazan is already complete.