Sports Boulevard Foundation (SBF) has signed an agreement with Saudi developer Ajdan and Albilad Capital to establish a private mixed-use real estate fund worth SAR1 billion ($266 million) for the development of private plots within the Arts District.
In its inaugural private sector partnership, the Sports Boulevard Foundation (SBF) signed an agreement with Ajdan real estate development company, and Albilad Capital to establish a private mixed-use real estate fund valued at SAR 1 billion for the development of the private plots within the Arts District, one of the eight districts of the Sport Boulevard project.