Zawya - Press Releases: Ghanem Company launches fractional ownership of real estate in Saudi Arabia within the General Authority for Real Estate's experimental regulatory environment.

Ghanem Company announced the launch of its fractional ownership property product in the Kingdom of Saudi Arabia within the experimental regulatory environment of the General Authority for Real Estate, in a step that enhances the availability of real estate investment in an organized and safe manner.

The product allows Saudi investors to own officially registered fractional shares in income-generating real estate assets through a fully integrated digital experience. Ghanem Real Estate is fully linked to the land registry, ensuring official ownership registration and enhancing transparency and investor protection.

Saleh Waheed Al-Ghamdi, CEO of Ghanem Company, said: “The launch of fractional ownership within the experimental regulatory environment represents an important milestone for the development of the real estate market, and integration with the real estate registry enhances confidence and governance in this investment model.”

The product will be launched in stages, under the supervision of the General Authority for Real Estate, in preparation for future expansion.

-I finish-

#Company Data

Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.