2025-11-26
The Capital Market Authority of Saudi Arabia issued the Real Estate Investment Funds Regulations to govern publicly offered real estate investment funds and safeguard unitholders' rights. The framework mandates regulatory authorization, establishes operational standards for fund managers and custodians, and defines specific requirements for Real Estate Investment Traded Funds and Special Purpose Entities. It further enforces strict disclosure, fiduciary duties, asset segregation, and board oversight to ensure ongoing compliance with the Capital Market Law.