Construction & Real Estate

Vennre announces key Saudi expansion with strategic Makkah deal

MAKKAH
Vennre announces key Saudi expansion with strategic Makkah deal

Vennre, the private markets investment platform headquartered in Riyadh and London, has announced its first real estate deal in Saudi Arabia, thus marking a milestone in the firm’s expansion within the kingdom.

The investment represents Vennre’s entry into Saudi real estate through a regulated development fund within the Masar project in Makkah, one of the kingdom’s most ambitious urban transformation initiatives. 

Structured to enable regulated cross-border capital participation, the investment aligns with the kingdom’s foreign direct investment (FDI) objectives while responding to growing demand from regional and international investors seeking institutional-grade access to Saudi real assets, an asset class where access has historically been limited.

As its inaugural Saudi real estate offering, the deal is anchored within the Masar project, a 1.2 million sq m master-planned development located at the forefront of Makkah msque. 

Masar is designed to support Makkah’s long-term mobility, hospitality, and urban needs, integrating residential, commercial, and hospitality districts alongside 367,000 square metres of mobility infrastructure and smart city systems.

According to Vennre, eligible investors on its platform will gain access to the Masar Makkah Fund, a development-stage vehicle executed locally and governed under Saudi regulatory frameworks. 

The opportunity reflects Vennre’s strategy of building a Saudi real estate pipeline grounded in regulatory clarity, institutional standards, and long-term alignment with national development priorities.

"This investment represents a measured first step in Vennre’s Saudi expansion. Entering through Masar reflects our deliberate focus on attracting FDI through regulatory discipline, local execution, and alignment with the Kingdom’s long-term development agenda," stated its Co-Founder and the Saudi operations head Abdulrahman Al Malik.

Access will be available to eligible investors under CMA and FCA regulatory frameworks, with onboarding and documentation handled through Vennre’s regulated digital workflows.

The announcement comes amid a broader evolution in Saudi Arabia’s investment landscape. As the Kingdom accelerates large-scale urban and infrastructure development, real estate continues to emerge as a core institutional asset class, supported by long-term population growth, mobility investment, and increased capital deployment into projects aligned with national priorities, including Makkah’s urban regeneration.

In 2025, Vennre facilitated over SAR150 million (  ) in capital deployment across private market opportunities and grew its community to more than 2,000 Henrys - high-earning professionals who have strong income profiles but limited access to institutional private market investments.

During the year, the platform focused on disciplined deal selection and long-term exposure to private markets across Saudi Arabia, the UK, Western Europe, and the US.

This Saudi real estate investment builds on that foundation, reflecting Vennre’s broader strategy to expand regionally while maintaining institutional standards, regulatory alignment, and investor discipline.-TradeArabia News Service

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