Sidra Capital expands its presence in the Kingdom of Saudi Arabia and opens office in Riyadh

Sidra Capital expands its presence in the Kingdom of Saudi Arabia and opens office in Riyadh

JEDDAH, February 2017:  Sidra Capital, a Saudi financial service company has expanded its network by opening an office in Riyadh in a strategic move to further increase its footprint in the Kingdom of Saudi Arabia.

 

“The establishment of our Riyadh office is based on our success achieved in the field of real estate investment inside and outside of Saudi Arabia over the past years. A strong track record of in the UK real estate market since 2011 made income generating real estate products one of our pillars of success.” said Hani Baothman, Vice Chairman of Sidra Capital. “In order to offer our UK income generating real estate products to investors and the new REITs listing rules made this move crucial.”

 

Sidra Capital concentrates its efforts on Asset Management and Corporate Finance & Advisory and has a strong track record of creating bespoke and innovative products for its investors.

 

As of December 2016, Sidra Capital manages assets in excess of SAR 3.8 billion which are all invested in alternative investments. The company’s success is also backed by its Corporate Finance & Advisory team which has completed numerous transactions across a variety of different sectors.  Sidra Capital’s CMA licenses allow it to perform dealing (as principal and underwriter), managing, arranging, and advisory and custody services.