Venture Estates / ASAS Real Estate Company

Offering Size: USD 40 Million
Country: Kingdom of Saudi Arabia
Nature of Investment: Business Development-Real Estate
Year: 2006

Venture Estates is a well-governed investment structure that holds a 40% stake in Asas Realty Company, which is based in the Eastern Province of the Kingdom of Saudi Arabia, and focuses on non-speculative real estate projects in the Kingdom. In 2008, the Company successfully managed to put in place the ingredients for a “land bank” that can be tapped into as and when viable and rewarding projects are conceived. The Company is currently screening and negotiating several residential and mixed-use projects in Saudi Arabia, with a number of sites having been identified therefor.

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