Vennre Makes First Saudi Real Estate Investment Through Masar Makkah Project

Riyadh/London: Vennre has announced its first real estate investment in Saudi Arabia, marking a key milestone in the firm’s expansion within the Kingdom and its entry into the local property market.

The investment gives Vennre exposure to Saudi real estate through a regulated development fund linked to the Masar project in Makkah, one of the country’s largest urban regeneration initiatives. Structured to support regulated cross-border capital participation, the transaction aligns with Saudi Arabia’s foreign direct investment objectives and responds to rising interest from regional and international investors seeking institutional-grade access to Saudi real assets.

As Vennre’s inaugural Saudi real estate offering, the deal is anchored in the Masar development, a 1.2 million square metre master-planned project located near AlMasjid AlHaram. The development is designed to support Makkah’s long-term mobility, hospitality and urban requirements, combining residential, commercial and hospitality components with extensive mobility infrastructure and smart city systems.

Eligible investors on Vennre’s platform will be able to access the Masar Makkah Fund, a development-stage vehicle executed locally and governed under Saudi regulatory frameworks. The investment reflects the firm’s strategy of building a Saudi real estate pipeline focused on regulatory clarity, institutional standards and alignment with national development priorities.

Commenting on the milestone, Abdulrahman AlMalik, Co-Founder, Chief Development Officer and Head of KSA at Vennre, said the investment represents a measured entry into the Saudi market, with a deliberate focus on attracting foreign capital through disciplined execution and alignment with the Kingdom’s long-term vision.

Access to the opportunity will be available to eligible investors under both Saudi and UK regulatory frameworks, with onboarding and documentation managed through Vennre’s regulated digital processes.

The announcement comes as Saudi Arabia continues to accelerate large-scale urban and infrastructure development, positioning real estate as a core institutional asset class supported by population growth, mobility investment and increased capital deployment into nationally aligned projects, including Makkah’s urban regeneration.

In 2025, Vennre facilitated more than SAR 150 million in capital deployment across private market opportunities and expanded its investor base to over 2,000 high-earning professionals. The firm said the Saudi real estate investment builds on this momentum and reflects its broader strategy to expand regionally while maintaining regulatory discipline and long-term investor focus.