Mergers & Acquisitions
Property & Real Estate
Regulation, Risk & Compliance
Uncategorized
Saudi Real Estate Refinance Co signs 3 billion riyals deal with pension agency
Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of U.S. mortgage finance business Fannie Mae, said on Sunday it has agreed to buy a mortgage portfolio worth over 3 billion riyals ($799.8 million) from the Saudi Public Pension Agency (PPA). “The deal provides liquidity to the real estate financing…
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Click here to read the full story: Reuters