Bloom Invest and Safa Investment Unveil “DQ Valley” and “T-Courts” Projects
 

📍 Riyadh – 15 July 2025 | 20 Muharram 1447 AH
BETH | Development & Investment

Bloom Invest has signed a strategic agreement with Safa Investment to launch two new real estate funds under the umbrella of the Bloom Real Estate Investment Fund V and VI, aimed at developing two landmark projects in Riyadh, with total investments exceeding SAR 545 million.

🔍 Strategic Projects Aligned with Vision 2030

According to the agreement:

Bloom Invest will manage both funds.

Safa Investment will lead the development of the projects according to the highest urban planning standards.

This strategic partnership aims to deliver innovative real estate products that meet market aspirations and strengthen urban growth in Riyadh, in line with the Kingdom’s Vision 2030 objectives for housing and development.

📌 Project Highlights

🏘️ DQ Valley

A residential project near the Diplomatic Quarter

Area: 16,000 m²

Investment: SAR 325 million

🏙️ T-Courts

A mixed-use (residential and commercial) project

Area: 10,340 m²

Investment: SAR 220 million

🎙️ Bloom Invest: A Continuing Success Story

Engineer Abdullah Al-Rashoud, Managing Director and CEO of Bloom Invest, stated:

"The launch of these two new funds marks another milestone in our successful partnership with Safa Investment, which began in 2021 when we jointly launched their first real estate fund — a venture that achieved remarkable success."

He expressed optimism about the projects, emphasizing Bloom Invest’s commitment to delivering targeted returns on time and reinforcing investor confidence in its future real estate strategies.

📊 Bloom Invest in Numbers

💼 Assets under management (real estate):
Over SAR 17 billion

🏠 Residential units developed:
6,843 units

🏘️ 3 residential compounds

🏢 Numerous office complexes

🌍 Raw land development across various regions of the Kingdom

💼 Integrated Investment Services

Licensed by the Capital Market Authority (CMA), Bloom Invest offers a comprehensive suite of services including:

Investment management and fund operations

Dealing and arranging

Financial advisory

Custody services

Asset and wealth management

Corporate finance solutions

📌 This initiative reflects the Kingdom’s accelerating development path and highlights Riyadh’s emergence as a premier investment hub regionally and globally.