An investment fund worth 2 billion Saudi riyals to launch joint housing communities for professionals and students in the Kingdom

Majd Investment, His Highness the Global Investment Company (SGI), and the Strategik Housing Group (SHG) Group (SGI) has announced the official launch of the Dickikd Hosing Company (DHC), a strategic partnership with a preliminary financing of 2 billion Saudi riyals, and aims to provide an innovative model for the concept of joint housing for professionals and students. The company looks forward to being a leader in this sector, as it will work to develop and manage integrated housing societies for future generations in the Kingdom of Saudi Arabia. Dediccd Hosing to meet the increasing demand for high -quality and affordable residential environments that enhance the sense of belonging to society and take into account the lifestyles of professionals at the beginning of their career, university students, and city residents on daily on the roads. The company launched two distinctive brands in the Kingdom, a sign "Erbin Leving" (Urbn Living) designed for professionals and a mark "The Mirad" (The Myriad), the award -winning students. Keep up with a sign "Erbin Leving" The growing demand for a modern and affordable housing is characterized by flexibility and studied design and addresses the aspirations of young professionals. These societies are focused on lifestyle, social communication, and comfort, as it provides an experience that goes beyond the concept of traditional residence and raises the ceiling of standards thanks to distinguished services and modern design. Either "The Mirad"It is a pioneering brand in the field of student residence that provides a student’s life style around the student and his needs and a unique living experience that integrates cultural values ​​and authentic traditions of the Gulf region. Through the distinctive mixture of high -quality housing units and vibrant societal spaces and a table full of academic activities and social events throughout the year, the mark has achieved an ideal balance between science and entertainment. It is distinguished "The Mirad" With a safe and stimulating environment that helps students live in peace, learning and success at the academic and personal levels, especially that it offers carefully designed and equipped rooms for full. As a first phase, the Dickikd Hossing company intends to launch more than 5,000 beds, with an ambition to expand to 20,000 beds by 2030 across the Kingdom. "We not only build homes, but also provide places where people feel true. What we offer is unique, as we mix the standards of hospitality and the quality of housing, and we achieve the balance between the ability to bear the costs, smart design and a vibrant societal life, all in line with the aspirations of today’s generation". "This partnership represents an important achievement for the Kingdom and a direct contribution to achieving the target of Vision 2030. Powering a global leading company in the joint housing sector, such as the Strategik Housing Group Group, confirms the Kingdom’s ability to attract distinguished global experiences. This cooperation also enhances our goals to improve the quality of life, diversify the economy, and consolidate new standards for building societies in the region". "On the investment level, this project reflects our firm confidence in the Saudi market and its promising growth prospects in the long run. We are committed to projects that have achieved a tangible economic impact and an exceptional value of residents. This cooperation embodies a unique mixture of global experience, sustainable design and rewarding returns, which constitutes a strong equation for the future of the housing sector in the Kingdom"

A strategic vision supported by unparalleled experience. Fools with prizes and successes in the field of developing and operating joint residential communities for students. This cooperation resulted in an integrated platform capable of expanding and possessing enough experiences and capabilities to lead the joint housing sector in the Kingdom.

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