Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund
Image
Riyadh – October 05, 2026 -- Mnzil, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built workforce housing across Saudi Arabia, targeting up to 50,000 worker beds.
Partners split roles across operations, development and fund management
Mnzil will act as strategic partner and exclusive operator of the portfolio, TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager under its Capital Market Authority license (25315-32).