SC Build-To-Suit Real Estate Fund I is a closed-ended fund with the purpose of developing properties to serve prime institutional tenants operating in defensive sectors, such as education and healthcare, under guaranteed long-term lease agreements.
The Fund is a closed-ended development Fund, established under the laws and regulations of the Capital Market Authority, to develop properties to serve prime institutional tenants operating in defensive sectors, such as education and healthcare, under guaranteed long-term lease agreements.
The Fund was established to develop Yusr International School in Jeddah with a gross BUA of 30,409 sqm. Construction started in May 2018 and the project was delivered to the tenant in H1 2020, ahead of schedule.
