The Angle Fund

Closed

The Angle Fund

Venture
Capital

 

  • OBIC Rua Ventures
  • Rua Growth Fund
  • Rua Fund of Funds

Fund Details

The Angle Fund

A real estate development fund aims to undertake structural development by constructing a commercial complex in Hail city, Saudi Arabia, on a plot of land located at the intersection of the southern ring road with Fahd Al-Areefi road, on the southeast corner. The land area is 22,408 square meters, with the goal of generating periodic returns for unit owners.
Another real estate development fund targets structural development for a plot of land in Hail city leased to the fund for 26 years. The land is also situated at the intersection of the southern ring road with Fahd Al-Areefi road, on the southeast corner. After the project’s development, the fund seeks to generate periodic income for unit owners. The targeted capital of the fund is 23,210,000 Saudi Riyals.